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Anchoring bias effect ... - Printable Version

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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