Learnings Mental Models

Anchorage: Navigating the Power of Initial Impressions in Decision-Making

Introduction The Anchorage mental model highlights the human tendency to heavily rely on the first piece of information encountered when making decisions. It influences our judgment, evaluations, and subsequent decision-making processes. Understanding the concept of Anchorage is crucial as it plays a significant role in shaping our perceptions and can lead to biased and irrational […]