This study deals with the question of whether the anchoring effect is resistant to
interferences. When many items of new information are presented in quick
succession, the human capacity to take them in is soon overstretched. A large
number of the new items of information are overlaid or deleted. Whether these
interferences can also contribute towards a considerable reduction of the anchoring
effect is the question which is examined here using an experimental approach. In
this process it is revealed that the figure acting as an anchor is not affected by
interferences. The anchoring effect is obviously resistant to interferences.
JEL classification numbers: D91, G41, G17.
Keywords: Anchoring, interferences, cognitive bias, stock market forecasting,
behavioral finance, experiments.