Search Details

Word: anchoring (lookup usage) (lookup stats)


Meaning:

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.

Source: Wiktionary | Src Info »

Verb:

  • anchor

Source: Wiktionary | Src Info »