How numeric advice precision affects advice taking

Advice is a powerful means to improve peoples' judgments and decisions. Because advice quality is rarely apparent, decision‐makers must infer it from the characteristics of the advisor or the advice itself. Here, we focus on a largely neglected advice characteristic that should signal quality: advice precision. In a preregistered, high‐powered study ( N = 195), we tested the effects of advice precision on advice taking. Drawing from past...