What Is Anchoring Bias? | Definition & Examples - Scribbr
https://www.scribbr.com/research-bias/anchoring-bias/
WebDec 16, 2022 · Anchoring bias (also known as anchoring heuristic or anchoring effect) is a type of cognitive bias that causes people to favor information they received early in the decision-making process. People hold on to this information, called an anchor, as a reference point and fail to correctly adjust their initial impressions, even after receiving ...
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