Nearly six months after proposing a change to the Rules of Golf, the sport's governing bodies on Tuesday announced that anchoring the club in making a stroke will be banned effective Jan. 1, 2016. New ...

Improper anchoring remains a massive, but solvable, problem that imposes unnecessary burdens on an already overtaxed court system and state. Two years ago we began a project to track and catalogue the ...

The Premier League will not put its controversial “anchoring” proposal to a vote at its annual general meeting on Thursday after the Professional Footballers’ Association (PFA) made it clear it would ...

Imagine making a crucial decision only to realize later that your choice was heavily influenced by the first piece of information you encountered. This cognitive bias, known as the anchoring effect, ...

Anchoring bias happens when individuals become too focused on the first piece of information that they receive (the “anchor”) when making decisions, even if the information is irrelevant or outdated.

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. We all know that marketing is about persuasion. And what better way to persuade someone to ...

Anchoring bias is a form of cognitive bias where people tend to place extra importance on the first piece of information they get on a topic, regardless of the accuracy of that data point. In ...