In a previous post, I invited scholars to nominate what they think is the best-replicated finding in social psychology. Lukas Röseler, of the University of Bamberg, wrote me to make a case for ...
Imagine making a crucial decision only to realize later that your choice was heavily influenced by the first piece of information you encountered. This cognitive bias, known as the anchoring effect, ...
Anchoring effects refer to a systematic bias in human cognition whereby initial information or reference points unduly influence subsequent judgements and decisions. This phenomenon has been ...