Anchoring Bias: Revision history

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28 August 2024

1 July 2024

  • curprev 10:1910:19, 1 July 2024Wikinimda@home talk contribs 1,168 bytes +1,168 Created page with "Anchoring bias is a cognitive bias that describes the common human tendency to rely too heavily on the first piece of information offered (the "anchor") when making decisions. During decision-making, this initial anchor influences subsequent judgments and evaluations. For example, if you first see a shirt that costs $1,000 and then see a second one that costs $100, you might perceive the second shirt as cheap, even if it’s actually quite expensive. The initial price o..." Tag: Visual edit