Anchoring Bias

Anchoring Bias is the tendency to rely too heavily on pre-existing information or even the first piece of information you have on a topic when making a decision.

Pre-screening

What is anchoring bias?

This is the tendency to rely too heavily on pre-existing information or even the first piece of information you have on a topic when making a decision.

Example situation hiring process.

Hiring managers often anchor their opinion on a previous employee. This leads them to search for someone who has similar if not exact skills, experience, and qualifications, even when other competencies might be better to look for.

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