Definition of anchoring:
°The tendency of people to place subsequently refined answers to a given question close to the initially estimated answer, giving unduly weight to the initial answer, such as adjusting the initial estimate of "20%" to "30%" when "90%" would be more appropriate.
Definition of anchoring:
°The tendency of people to place subsequently refined answers to a given question close to the initially estimated answer, giving unduly weight to the initial answer, such as adjusting the initial estimate of "20%" to "30%" when "90%" would be more appropriate.