The Price Precision Effect: Evidence from Laboratory and Market Data Posted on 2020/06/29 by Carl Robitaille The Price Precision Effect: Evidence from Laboratory and Market Data 1. People judge larger but precise numbers as smaller than actually larger rounds numbers, eg $35,425 < $35,000.2. People pay more for a house with a precise price than a round one. https://t.co/HHF92WaFB2h/t @intellichanges— Dan Egan (@daniel_egan) June 29, 2020