Anchoring bias happens when individuals become too focused on the first piece of information that they receive (the “anchor”) when making decisions, even if the information is irrelevant or outdated.

Let’s have some fun and start off with a little quiz. Take out pen and paper and write down the answers to the following two questions: (1) How old are you? (2) How many people worldwide died in major ...

Our subconscious mind will use almost anything to "help" us think and make decisions. Be alert or be led astray.. Source: Shutterstock Want to make better decisions? Be alert to the troublesome ...

We all like to think we're fair and impartial, but let's be real: everyone has hidden biases. These biases can sneak into how ...

Please provide your email address to receive an email when new articles are posted on . Physicians may anchor on initial information, like a congestive heart failure diagnosis, when making decisions ...

Finding evidence of what is known as "anchoring bias," UCLA-led research suggests that patients with congestive heart failure experiencing shortness of breath are less likely to be tested in the ...

Finding evidence of what is known as “anchoring bias,” UCLA-led research suggests that patients with congestive heart failure experiencing shortness of breath are less likely to be tested in the ...

CrowdStrike stock dropped 32% due to recent IT outage, management denies hacker involvement, but the damage to the company's reputation may never fully recover. Market may not immediately adjust ...