bn:03622629n
Noun Concept
Categories: Cognitive biases, Prospect theory, Heuristics, Behavioral economics, Articles with short description
EN
anchoring effect  anchoring  anchor  Anchor bias  Anchor effect
EN
The anchoring effect is a psychological phenomenon in which an individual's judgements or decisions are influenced by a reference point or "anchor" which can be completely irrelevant. Wikipedia
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EN
The anchoring effect is a psychological phenomenon in which an individual's judgements or decisions are influenced by a reference point or "anchor" which can be completely irrelevant. Wikipedia
A cognitive bias where an individual depends too heavily on an initial piece of information offered when making decisions Wikidata