Anchoring Effect is that "different starting points yield different estimates, which are biased toward the initial value" (Tversky & Kahneman, 1974, p. 1128)
Brief quotations are reproduced for identification purposes under fair use / fair dealing doctrine
Tversky, A., & Kahneman, D. (1974). Judgment under Uncertainty: Heuristics and Biases: Biases in judgments reveal some heuristics of thinking under uncertainty. *Science*, *185*, 1124-1131. <https://doi.org/10.1126/science.185.4157.1124>
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