The Anchoring Bias: How It Affects Decision Making

Описание: Welcome to our channel where we explore fascinating topics related to psychology, sociology and neuroscience. In this video, we will be discussing anchoring bias and its effects on decision-making. Anchoring bias is a cognitive bias that influences how we make decisions by relying too heavily on the first piece of information we receive. By understanding the impact of anchoring bias, we can improve our decision-making abilities and avoid costly mistakes. So, let's dive into the topic of anchoring bias and learn how it affects our decisions.

#anchoringbias #theory #decisionmaking

References and citations:

https://www.scribbr.com/research-bias...

https://www.verywellmind.com/what-is-...

https://thedecisionlab.com/biases/anc...

https://www.pon.harvard.edu/daily/neg...