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What is the anchoring and adjustment heuristic?
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asked
Jan 20
in
Psychology
by
KraigPetheri
(
510
points)
What is the anchoring and adjustment heuristic?
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Jan 20
by
MargretSheph
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530
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The anchoring and adjustment heuristic is the mental shortcut of using an initial estimate or reference point as an anchor and then adjusting our subsequent estimates or judgments based on that initial anchor.
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