Editing Anchoring effect (section)

===Cognitive ability===
The impact of [[cognitive ability]] on anchoring is contested. A recent study on willingness to pay for consumer goods found that anchoring decreased in those with greater cognitive ability, though it did not disappear.<ref name="BergmanEllingsen2010">{{cite journal|last1=Bergman|first1=Oscar|last2=Ellingsen|first2=Tore|last3=Johannesson|first3=Magnus|last4=Svensson|first4=Cicek|title=Anchoring and cognitive ability|journal=Economics Letters|volume=107|issue=1|year=2010|pages=66–68|doi=10.1016/j.econlet.2009.12.028}}</ref> Another study, however, found that cognitive ability had no significant effect on how likely people were to use anchoring.<ref name="OechsslerRoider2009">{{cite journal|last1=Oechssler|first1=Jörg|last2=Roider|first2=Andreas|last3=Schmitz|first3=Patrick W.|title=Cognitive abilities and behavioral biases|journal=Journal of Economic Behavior & Organization|volume=72|issue=1|year=2009|pages=147–152|doi=10.1016/j.jebo.2009.04.018|url=https://epub.uni-regensburg.de/21701/2/roder2.pdf}}</ref> In a poker-like experiment that included people of differing academic achievement and psychometric reasoning scoring, it has been found that anchoring is not related to education level. It also found that numerical reasoning and reflection scores had a negative association with anchoring susceptibility.<ref>{{cite web |last1=Welsh |first1=Matthew |last2=Delfabbo |first2=Paul |last3=Burns |first3=Nicholas |last4=Begg |first4=Steve |title=Individual differences in anchoring: Numerical ability, education and experience. |url=https://digital.library.adelaide.edu.au/dspace/bitstream/2440/69973/1/hdl_69973.pdf |website=digital.library.adelaide.edu.au|publisher=University of Adelaide |access-date=12 May 2022}}</ref>