281 Anchoring Bias - podcast episode cover

281 Anchoring Bias

May 09, 20254 min
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Episode description

Anchoring bias is a cognitive bias that causes individuals to rely heavily on the first piece of information they receive about a topic, even when subsequent information becomes available. This initial piece of information, known as the "anchor," serves as a reference point that influences all subsequent judgments and decisions, often leading to poor choices in various contexts.
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