Anchoring: Why We Are Biased Toward Relevant Thinking
Human Behavior cori sherman Human Behavior cori sherman

Anchoring: Why We Are Biased Toward Relevant Thinking

The way anchoring works is simple. When we need to make an estimate, we look for and are influenced by a familiar position. It doesn’t matter where this familiar position comes from, and often we’re not even aware that we’re basing our answer on it. But once an anchor is set, we are biased toward interpreting other information relative to the anchor. And that can cause our brain to make the wrong assumptions. Founder Hamid Ghanadan shares a few ways marketers can use anchoring to help their audience make decisions.

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