What is the cognitive bias where an individual's judgment is influenced by an initial piec

A) Confirmation Bias

B) Availability Heuristic

C) Anchoring Bias

D) Framing Effect

Explanation

Anchoring bias describes the tendency to rely too heavily on the first piece of information offered (the 'anchor') when making decisions. Subsequent judgments are then adjusted around this anchor, often insufficiently.

Practice More General Knowledge Questions

What is the cognitive bias where an individual's judgment is influenced by an initial piece of information, even if it's irrelevant, causing subsequent judgments to be adjusted around this initial anchor?

Explanation