Suppose Evan and Robert Are Each Filling Out a Separate

question 61

Multiple Choice

Suppose Evan and Robert are each filling out a separate survey about parking on campus. On Evan's survey, the first question asks about whether he thinks the fine for parking illegally on campus should be $50, and on Robert's survey the first question asks about whether he thinks the fine should be $100. For both Evan and Robert, the second question asks how much each thinks the fine currently is. If Evan and Robert know nothing about the parking fines on campus, but each uses anchoring and adjustment to form his assessment, then, all else equal, you would expect:

• A)Evan's estimate of the current fine to be higher than Robert's.
• B)both of them to guess a number between $50 and $100.
• C)their estimates to be identical.
• D)Robert's estimate of the current fine to be higher than Evan's.

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Definitions:

Obligations

Obligations are duties or commitments legally or ethically binding an entity to fulfill agreements or complete tasks.

Lease Agreements

Legal contracts that define the terms and conditions under which property is rented from one party to another.

Supervising Attorney

A licensed lawyer who oversees the work of subordinate attorneys, ensuring legal work meets professional standards.

Objective Analysis

An impartial evaluation or examination based on facts and evidence, typically applied in the context of legal or policy analysis.