Anchoring and Adjustment

Eliezer Yudkowskylesswrong.comWritten September 20075 min read

thinking

Explains anchoring: people start from an arbitrary number and adjust too little, as Tversky and Kahneman's wheel-of-fortune experiment showed.

Read the original

Another oneLeave a Line of Retreat

Related

Fake ExplanationsEliezer Yudkowsky 3 min
Think Like RealityEliezer Yudkowsky 3 min
Hindsight biasEliezer Yudkowsky 3 min
Hug the QueryEliezer Yudkowsky 2 min
Positive Bias: Look Into the DarkEliezer Yudkowsky 4 min
The Importance of Saying "Oops"Eliezer Yudkowsky 3 min

More on thinking

All 120 on thinking

Saved the same day · Aug 8

One of 7 pieces by Eliezer Yudkowsky I saved that day, alongside: