The limits of anchoring


The limits of anchoring is a scholarly work, published in 1994 in ''Journal of Behavioral Decision Making''. The main subjects of the publication include cognitive psychology, value, behavioral economics, social psychology, preference, psychology, discrete choice, confirmation bias, econometrics, statistics, anchor, and applied psychology. AbstractAnchoring and adjustment is a pervasive bias in which decision makers are influenced by random or uninformative numbers or starting points.

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