Judges and juries often rely on numerical points of reference when facing uncertainty, a cognitive bias known as anchoring, where judgments are biased toward the initial reference point because subsequent adjustments are often insufficient.

Authors

• Person: Not available Organization: Frontiers in Psychology
  The Impact of Cognitive Biases on Professionals' Decision-Making

Sources

• The Impact of Cognitive Biases on Professionals' Decision-Making www.frontiersin.org Frontiers in Psychology via serper

Referenced by nodes (1)

• anchoring concept