Recent research has explored various dimensions of anchoring effects, revealing their impact on decision-making processes across different contexts, including legal negotiations, memory recall ...
Anchoring or focalism is a term used in psychology to describe the common human tendency to rely too heavily, or "anchor," on one trait or piece of information when making decisions. Skip to main ...
"Why Are We All So Stupid?" explores the cognitive biases that lead us to make irrational decisions. This episode focuses the anchoring effect. Which is our tendency to rely too much on the first ...