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

The transition to the anchoring ban this year seems to be relatively smooth. Adam Scott has won twice on the PGA Tour with a conventional length putter, and actually seems to be statistically better ...

A Spanish study shows how early clinical cues strongly shape diagnostic decisions, highlighting the need for bias awareness ...

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

Have you ever made a purchase based on the "average price" of an item, thought you got a great deal and realized you could have bought it for even less somewhere else? Have you ever negotiated your ...

An anchor is a trigger that creates a response in your subject. You can set anchors for yourself; for example, an alarm clock that prompts you to wake up and turn off the alarm. A good salesperson or ...

Central bankers often assert that low inflation and anchoring of inflation expectations are good for economic growth (Bernanke 2007, Plosser 2007). We test this claim using panel data on sectoral ...