Anchoring effects refer to a systematic bias in human cognition whereby initial information or reference points unduly influence subsequent judgements and decisions. This phenomenon has been ...

Lawyers strive for fairness and justice in every case they handle. However, the behavioral science research shows that human reasoning in legal contexts is inherently flawed and vulnerable to both ...

Imagine making a crucial decision only to realize later that your choice was heavily influenced by the first piece of information you encountered. This cognitive bias, known as the anchoring effect, ...

The housing market is thin. Buyers search and bargain in local housing markets, often paying different prices for nearly identical houses. Non-local homebuyers may have less information about the ...

This second eye movement revealed the gaze anchoring effect. These movements are similar to those made when changing the radio while driving and attending to a traffic light - if you quickly look away ...

This article focuses on anchoring effects in the process of peer reviewing research proposals. Anchoring effects are commonly seen as the result of flaws in human judgment, as cognitive biases that ...