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Make Better Decisions: How to Use Psychological Anchors

1/20/2015

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Psychological Anchor
The “anchoring effect” is a well established psychological principle that often influences our judgments. Research has shown that even when we are aware information is not accurate, it still provides an anchor from which we adjust. The end result is an inaccurate decision tied to the anchor. To learn how to use the anchoring effect, here is a 2-minute video.

P.S. If you are reading this, you have just been anchored. 


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  • Home
  • Videos
    • SMART Goals 2.0
    • Goal-Oriented Decision Making - The APE Model
    • Generative AI and Decision Making
    • The OODA Loop
    • The RPD Model
    • Reducing the Dunning-Kruger Effect
    • Using a Premortem
    • The Planning Fallacy
    • Accelerated Expertise
    • Conduct a SWOT Analysis
    • 4D's on a To-Do-List
    • The Trolley Problem
    • Wicked Problems
    • Reciprocity Bias
    • Motivated Change
    • Correlation vs. Causation
    • Maslow's Hierarchy and Innovation
    • Understanding Psychological Anchors
    • IDEA 4-Step Problem Solving
    • Using SMART Goals
    • How to Gain Insights
    • The Eisenhower Matrix
    • SMART Goals - 60 Seconds
    • Tactical Decision Games
  • Articles