Forbes contributors publish independent expert analyses and insights. Bryce Hoffman writes about leadership, strategy, and decision making. The anchoring effect refers to our tendency to rely too ...

Anchoring bias in investing occurs when decisions are based on irrelevant data points. Awareness of anchoring bias can aid investors in setting strategic asking prices. To avoid anchoring pitfalls, ...

Anchoring is a way to set expectations right at the start of a negotiation in ways that make your actual offer more attractive to the other party. Let’s say I’m trying to sell a car, and I’d love to ...

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 ...

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, ...

Dressers are now safer than ever for homes with small kids, thanks to the Stop Tip-overs of Unstable, Risky Dressers on Youth (STURDY) Act, which went into effect in late 2023. Furniture manufacturers ...

Anchoring the boat is one of the most intimidating skills to learn for a boat operator. Securing a heavy boat with a rope, chain and anchor in strong current, heavy wind, and crushing waves presents ...

The Premier League's clubs will vote on three financial regulations Alex Livesey - Danehouse A clue to the importance of Friday’s Premier League shareholders’ meeting is the weight of documentation ...