Anchoring
Anchoring (also known as Focalism) is a cognitive bias where individuals rely heavily on the first piece of information (the "anchor") when making decisions.
Anchoring (also known as Focalism) is a cognitive bias where individuals rely heavily on the first piece of information (the "anchor") when making decisions.
A cognitive bias where people prefer the option that seems to eliminate risk entirely, even if another option offers a greater overall benefit.
A concept that humans make decisions within the limits of their knowledge, cognitive capacity, and available time, leading to satisficing rather than optimal solutions.
A cognitive bias where individuals overlook or underestimate the cost of opportunities they forego when making decisions.
The tendency to favor people who are similar to oneself in terms of background, beliefs, or interests.
A behavioral economics model that explains decision-making as a conflict between a present-oriented "doer" and a future-oriented "planner".
Ensuring that color choices in design are inclusive and usable by people with color vision deficiencies.
A graphical representation of the distribution of numerical data, typically showing the frequency of data points in successive intervals.
The phenomenon where people continue a failing course of action due to the amount of resources already invested.