Anchoring
topic on 3 shows · 3 statements across 3 episodes
the Knowledge Project
Lenny's Podcast
Capital Allocators
3 statements about Anchoring, every show
Warwick: Egregiously high anchors yield 75% more in negotiation studies
“Those who anchored egregiously high won 75% more than those who just tried to be reasonable.”
Duhigg: Anchoring tactics do not trick people into acting against self-interest
“The truth is, oftentimes in today's world, we try and look at things like anchoring as this magical thing that if I just anchor at the right place, I'm going to get you to do something that's not in your own self-interest, but is in my interest. That never act…”