Economics Dictionary of ArgumentsHome
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| Anchoring Effect - Economics Dictionary of Arguments | |||
| Anchoring Effect: The anchoring effect is a cognitive bias that occurs when people rely too heavily on the first piece of information they are given (the "anchor") when making decisions._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
|---|---|---|---|
| Norvig, Peter | Anchoring Effect | Norvig, Peter | |
| Russell, Stuart J. | Anchoring Effect | Russell, Stuart J. | |
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Ed. Martin Schulz, access date 2024-04-16 | |||
