Anchoring bias effect ... - Printable Version +- SG Talk (https://sgtalk.net) +-- Forum: SG Talk (https://sgtalk.net/Forum-SG-Talk) +--- Forum: Market Talk (https://sgtalk.net/Forum-Market-Talk) +--- Thread: Anchoring bias effect ... (/Thread-Anchoring-bias-effect) |
Anchoring bias effect ... - Bigiron - 10-03-2022 Anchoring bias occurs when people rely too much on pre-existing information or the first information they find when making decisions. For example, if you first see a T-shirt that costs $1,200 – then see a second one that costs $100 – you're prone to see the second shirt as cheap. https://youtu.be/EQI4VXgVGrc |