Anchoring is a cognitive bias where individuals rely too heavily on the first piece of information (the "anchor") they receive when making decisions or judgments. This initial information serves as a reference point or starting point, influencing subsequent thoughts, perceptions, and decisions, even if it is irrelevant or misleading.
First impressions matter. Anchoring shows how initial
information can heavily influence our decisions. Drop the bias anchor! โ๐ง
#Anchoring #CognitiveBias #MentalModels #DecisionMaking #Influence
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