anchoring

  1. Noun.  (psychology) 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.
  2. Verb.  (present participle of, anchor) .

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This entry was last updated on RefTopia from its source on 3/20/2012.