Intro to Brain and Behavior
Anchoring bias is a cognitive bias that causes individuals to rely too heavily on the first piece of information they encounter when making decisions. This initial 'anchor' serves as a reference point, often leading to skewed judgments and choices, as people tend to adjust their opinions insufficiently based on subsequent information. This bias can significantly affect problem-solving and decision-making processes, impacting outcomes in various scenarios from everyday choices to complex analyses.
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