Difference between revisions of "Anchoring bias"
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(Created page with "Anchoring bias is the human tendency to rely too much on one piece of information. The anchoring bias occurs when the decision maker forms a skewed perception due to an anchor...") |
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Latest revision as of 20:24, 3 March 2022
Anchoring bias is the human tendency to rely too much on one piece of information. The anchoring bias occurs when the decision maker forms a skewed perception due to an anchor and fixates on a decision (early closure). This limits the exploring of alternative hypotheses.