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• 10:19, 1 July 2024 Wikinimda@home talk contribs created page Anchoring Bias (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