Anchoring and adjustment heuristic

The mental shortcut where individuals use an initial value as a reference point and adjust their subsequent judgments accordingly.

1. Change Resistance Vs. Innovation (Discussed)
2. Above-Average Illusion: A Cognitive Bias (Discussed)
3. False Consensus Effect: Predictive Thought's Misstep (Unveiled)
4. Bias Impact on Thought Processes (Insight)
5. How to Understand Cognitive Biases without Statistics (Cognitive Science Tips)
6. Secret Dangers Of Stealth Marketing (Traps)
7. Overconfidence Bias Vs. Dunning-Kruger Effect (Explored)
8. Understanding Survivorship Bias in Cognition (Delineated)
9. Cognitive Biases: Survivorship Vs. Gambler's Fallacy (Compared)
10. Sequential Investment Strategy Gotchas (Hidden Dangers)
11. Risk Premium Gotchas (Hidden Dangers)
12. Overconfidence: How it Influences Predictions (Unpacked)
13. Negotiation: Counteroffer Vs. Concession (Active Listening)
14. 360-degree Feedback vs Self-evaluation (Sources of Input)
15. Handling Uncertainty: Overconfidence Vs. Reality (Insight)
16. Negativity Bias: Impact on Predictive Thought (Explained)
17. Hindsight Bias: Understanding Post-Outcome Predictions (Explained)
18. Overgeneralization: A Predictive Thought Error (Unveiled)
19. Risk Aversion Gotchas (Hidden Dangers)
20. Experience Overvaluation: A Predictive Thought Error (Explained)
21. Confirmation Bias: Overcoming Predictive Barriers (Unpacked)
22. Understanding Cognitive Science: Conformity vs. Obedience (Social Psychology)
23. Survivorship Bias Vs. Fundamental Attribution Error (Contrasted)
24. Knowledge Limitations: Recognizing and Adapting (Explained)