Tags » Anchoring

Why Real Estate Prices are Going Down at a Slow Pace

A few days back an email popped up, asking us, why had we stopped writing on real estate. We would like to assure the reader that we haven’t stopped writing on real estate, just that we have taken a break from writing on the topic. 893 more words

Equitymaster

Wise Thinking #1: Peanuts to Shortcuts


Anchoring is a mental shortcut which gives us a place to start in unknown territory. That’s good, but it can hold you back. Click here to learn more.

Communicate

The gambler’s fallacy, framing, anchoring and hindsight bias in judicial decision-making.

The gambler’s fallacy, framing, anchoring and hindsight bias in judicial decision-making.

Months before William had moved into a new house with his wife, Sarah. They were excited about their move to their new home. 833 more words

The largest anchor ever

(Featured image: clmper)

How do we know what is a reasonable amount of money to pay?

How much would a rational person be prepared to pay for, say, a cauliflower? 999 more words

Behavioural Economics

Summer Holiday on Blue Tale (part 3)

As mentioned in our previous blog, one of the reasons we headed to Gorge Harbour was to meet up for a Commodore’s Rendezvous in Gorge Harbour with the… 1,379 more words

Sailing & Boat Life

Lake Worth Anchorage 2 nights

Boating in the ocean!!  We left Fort Lauderdale in border line wave conditions—should we or should we not?    It’s a good day to get some miles behind us as  we DO NOT want to miss our flight home to our new grandbaby girl! 477 more words

Moon Shadow Log

Anchoring

Anchoring or focalism is a term used in psychology to describe the common human tendency to rely too heavily, or “anchor,” on one trait or piece of information when making decisions. 53 more words

Thinking