Tag Archives: narrow

Anchoring or Focusing Effect – Cognitive Biases (Pt.2)

Anchoring Someone tells you something. Someone else tells you something else. You rely on the first piece of information more than later pieces of information to form a conclusion. The first piece of information that is received into consciousness impacts us with greater weight, anchoring us like an anchor stabilizes a boat/ship. It fixates us into a position on a […]

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