anchoring

English

noun
Definitions
  • The act or means by which something is anchored or made firm.
  • (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.

Etymology

Affix from English anchor.

Origin

English

anchor

Gloss

Timeline

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Cognates and derived terms