Editing Anchoring effect (section)

=== Cognitive Capability and Intelligence ===
Predrag Teovanović’s <ref>{{Cite web |title=(PDF) Individual Differences in Anchoring Effect: Evidence |url=https://research.amanote.com/publication/Go4Q1HMBKQvf0BhiQ8_y/individual-differences-in-anchoring-effect-evidence-for-the-role-of-insufficient |access-date=2023-04-24 |website=research.amanote.com |language=en}}</ref> investigated whether intelligence, cognitive reflection and personality traits affects the presence of anchoring effect in decision-making. Although measures of individual differences in susceptibility to anchoring were reliable, individual differences only explain a small portion of the variation. However, intelligence is negatively correlated with anchoring for participants who are more reflective. By critically thinking about their process of decision-making, reflective individuals might realize the unreasonable reliance on anchors and insufficient adjustments.<ref name=":0">{{Cite journal |last1=Furnham |first1=Adrian |last2=Boo |first2=Hua Chu |date=2011-02-01 |title=A literature review of the anchoring effect |url=https://linkinghub.elsevier.com/retrieve/pii/S1053535710001411 |journal=The Journal of Socio-Economics |volume=40 |issue=1 |pages=35–42 |doi=10.1016/j.socec.2010.10.008 |issn=1053-5357|url-access=subscription }}</ref> Similarly, Welsh and colleagues found a weak, negative correlation between aptitude for rationality and overall cognitive measures and anchoring susceptibility.<ref>{{Cite journal |last1=Welsh |first1=Matthew B. |last2=Delfabbro |first2=Paul H. |last3=Burns |first3=Nicholas R. |last4=Begg |first4=Steve H. |date=2014-01-01 |title=Individual differences in anchoring: Traits and experience |url=https://linkinghub.elsevier.com/retrieve/pii/S1041608013000046 |journal=Learning and Individual Differences |volume=29 |pages=131–140 |doi=10.1016/j.lindif.2013.01.002 |issn=1041-6080|url-access=subscription }}</ref>

Research supporting individual differences in anchoring suggests that individuals who recognize the potential bias of anchoring and actively reflect on their decision-making process tend to be less susceptible to its effects. By critically assessing whether their judgments are based on reliable data or influenced by arbitrary anchors, they are more likely to identify and correct for insufficient adjustments, or choose not to use unreliable anchors at all.