Context for this filter:

  • Topic XV. Heuristics & Biases

    • LEARNING GOALS

      • B. CONCEPT ACQUISITION
        • Anchoring heuristic: Cases in which an estimate is made by anchoring on a number that’s provided and potentially irrelevant and adjusting, typically insufficiently.   
  • Topic XV. Heuristics & Biases

    • EXAMPLES

      • Exemplary Quotes
        • Anchoring Heuristic
      • Cautionary Quotes: Mistakes, Misconceptions, & Misunderstandings
        • Anchoring Heuristic
          • "My strategy to buy souvenir goods when on holiday trips is to ask the vendor for the price and negotiate my way down 30% from the initial etiquette price"
            Related Items (#HB.B.3)

    • LEARNING GOALS

      • C. CONCEPT APPLICATION
        • Recognize and resist instances of the anchoring heuristic in everyday and scientific contexts.   
          Related Items (#HB.B.3)