This is Knowledge Sharing initiative from FinStrat IMF LLP. The purpose is to help us all of to learn from another in this VUCA World. SrinivasanTS & Achut Pandurangi.
Anchoring bias occurs when people rely too much on pre-existing information or the first information they find when making decisions. Know more... Gratefully acknowledge all sources. Purpose is knowledge sharing.
Bias is disproportionate weight in favor of or against an idea or thing, usually in a way that is closed-minded, prejudicial, or unfair. Biases can be innate or learned. People may develop biases for or against an individual, a group, or a beli