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IIJM:Volume 5, Issue 8, August 2017

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Title:
STUDENTS’ ASSOCIATECHORING PREDISPOSITION: AN ILLUSTRATION FROM PRESEASON BASEBALL
Author Name:
Mr. Ishaq Khan
Abstract:
ABSTRACT The anchoring tendency results once call manufacturers anchor on initial values and so build final assessments that square measure adjusted insufficiently faraway from the initial values. The skilled literature acknowledges that auditors typically risk falling into the judgment lure of anchoring and adjusting (Ranzilla et al., 2011). Students may be unaware of the anchoring pitfall. This paper describes a short case study that illustrates associate innovative approach for auditing students to realize a far better understanding of this faultfinding lure. employing a straightforward baseball valuation exercise, students determined price tag merchandising costs for 2 big league Baseball preseason games. information for this study was collected from the general public posting of baseball tickets listed available on an online company referred to as StubHub. The results showed that once students had undone price breakeven info students tried to avoid losses and anchored on this info. Ranzilla et al. (2011) assert that awareness of once and the way judgments are often biased is a very important mitigating step to educating students relating to the anchoring and adjusting tendency.
Cite this article:
Mr. Ishaq Khan , " STUDENTS’ ASSOCIATECHORING PREDISPOSITION: AN ILLUSTRATION FROM PRESEASON BASEBALL" , IPASJ INTERNATIONAL JOURNAL OF MANAGEMENT(IIJM) , Volume 5, Issue 8, August 2017 , pp. 029-031 , ISSN 2321-645X.
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