"Exaptation in numerical cognition and implications for the anchoring and adjustment heuristic”. 

ABSTRACT 

We present evidence for the existence of numerical landmarks and the impact they have on numerical cognition, with particular emphasis on resolving a debate in the literature regarding the anchoring and adjustment (A&A) heuristic. Specifically, some theorists have argued that phenomena resulting from the A&A heuristic are due to insufficient adjustment while others have argued for the...

Daniel Andrei is an Associate Professor of Finance at McGill Desautels Faculty of Management.

Anna Cieslak is an Associate Professor of Finance at The Fuqua School of Business at Duke University.

Kai Li is a Professor of Finance at UBC Sauder School of Business.

Title: Modeling and Measuring Affective Polarization of the Society

Abstract: Politically divided societies are also often divided emotionally: people like and trust those with similar political views (in-group favoritism) while disliking and distrusting those with different views (out-group animosity). This phenomenon, called affective polarization, influences individual decisions, including seemingly apolitical choices such as whether to wear a mask or what car to buy. We present a dynamical...

Gilles Chemla is a Professor of Finance at Imperial College Business School.