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Cognitive Biases
 

What is Anchoring?

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Anchoring is overfocus on the first piece of information that you acquire. In many cases, this information is obtained from a question.

Example

Researchers have shown that people answer questions differently depending on reference information they find in the question itself. For example, if you ask if an average apple has more or less than 100 seeds, people will correctly guess less. However, when you then ask how many seeds an apple typically contains, people will guess a higher number on average because they may anchor on the high reference number in the first question.
Overview: Anchoring
Type
Definition
Putting too much weight on the first piece of information that you acquire.
Related

Cognitive Biases

This is the complete list of articles we have written about cognitive biases.
Ambiguity Effect
Anchoring
Backfire Effect
Base Rate
Biased
Biases
Circular Reasoning
Cognitive Bias
Cognitive Dissonance
Complexity Bias
Crab Mentality
Creeping Normality
Curse Of Knowledge
Decoy Effect
Ethnocentrism
Exposure Effect
False Analogy
False Hope
Fear Of Youth
Gambler's Fallacy
Golden Hammer
Halo Effect
Hindsight Bias
Negativity Bias
Optimism Bias
Peak-End Rule
Positive Bias
Sour Grapes
Survivorship Bias
Us vs Them
Victim Mentality
Wishful Thinking
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Cognitive Biases

A list of common cognitive biases explained.

Curse Of Knowledge

Why experts have trouble communicating.

Optimism Bias

An overview of optimism bias, including its surprising benefits.

Decoy Effect

A cognitive bias that is well known in marketing circles.

Biases vs Heuristics

The difference between biases and heuristics.

Information Cascade

A definition of information cascade with examples.

Functional Fixedness

A definition of functional fixedness with examples.

Boil The Frog

A definition of boil the frog, with examples.

Anecdotal Evidence

The definition of anecdotal evidence with examples.

Scientism

The definition of scientism with examples.

Thought Processes

A list of thinking approaches and types.

Logic

A few logic terms explained.

Abstract Ideas

A few dangers of being too abstract.

Objective vs Subjective

The difference between objective and subjective.

Intellectual Diversity

A definition of intellectual diversity with examples.

Creative Value

The definition of creative value with examples.

Benefit Of Doubt

The definition of benefit of doubt with examples.

Pessimism

The definition of pessimism with examples.
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