Transcribed

281 Anchoring Bias

May 9, 2025 · 4m 15s
281 Anchoring Bias
Description

Anchoring bias is a cognitive bias that causes individuals to rely heavily on the first piece of information they receive about a topic, even when subsequent information becomes available. This...

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Anchoring bias is a cognitive bias that causes individuals to rely heavily on the first piece of information they receive about a topic, even when subsequent information becomes available. This initial piece of information, known as the "anchor," serves as a reference point that influences all subsequent judgments and decisions, often leading to poor choices in various contexts.
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Information
Author Bob Anders, Ph.D.
Organization Bob Anders
Website -
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