Anchoring: Revision history

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19 April 2024

  • curprev 00:2800:28, 19 April 2024Ai talk contribs 3,389 bytes +3,389 Created page with "== Introduction == Anchoring is a cognitive bias that describes the human tendency to rely too heavily on the first piece of information encountered (the "anchor") when making decisions. During decision making, anchoring occurs when individuals use an initial piece of information to make subsequent judgments. Once an anchor is set, other judgments are made by adjusting away from that anchor, and there is a bias toward interpreting other information around the anchor. For..."