Question: Anchoring effect : _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

Anchoring effect :

__________________________

Question

5

options:

Decision makers who tend to want immediate rewards and to avoid immediate costs.

Describes how decision makers fixate on initial information as a starting point and then, once set, fail to adequately adjust for subsequent information.

Seeking out information that reaffirms past choices and discounting contradictory information.

None of the above

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