Discover how anchoring impacts financial decisions and investing. Learn key concepts and examples of this behavioral finance term.

The anchoring effect, a psychological bias, demonstrates how the first piece of information encountered significantly ...

Imagine making a crucial decision only to realize later that your choice was heavily influenced by the first piece of information you encountered. This cognitive bias, known as the anchoring effect, ...

A powerful psychological bias called anchoring influences our decisions. It means the first number we see often becomes a ...

Research looks at how experiencing rudeness amplifies anchoring bias including in doctors' decision-making. Have you ever been cut off in traffic by another driver, leaving you still seething miles ...