What is anchoring bias?
What Is the Anchoring Bias? The First Number That Quietly Organizes Thought A person is asked whether the height of a mountain is more or less than 2,000 meters. Then they are asked to estimate its actual height. Even if the initial number is arbitrary, their estimate tends to cluster around it. If the number had been 10,000 instead, their estimate would shift upward. Nothing about the...
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