Anchoring is a cognitive bias where an initial piece of information, such as an original price tag, influences subsequent judgments, such as perceiving a discounted price as a bargain.

Authors

• Person: Not available Organization: Verified Investing
  Behavioral Economics: Everyday Biases That Shape Money Choices
• Person: Dr. Dawn M. Carpenter Organization: LinkedIn
  Mind Over Money: Behavioral Economics and Financial Decision ...

Sources

• Behavioral Economics: Everyday Biases That Shape Money Choices verifiedinvesting.com Verified Investing via serper
• Mind Over Money: Behavioral Economics and Financial Decision ... www.linkedin.com Dr. Dawn M. Carpenter · LinkedIn via serper

Referenced by nodes (2)

• cognitive bias concept
• anchoring concept