Anchoring effect is our tendency to rely too much on the first piece of information. Knowing about the anchoring effect may help you better negotiate a pay raise — here's what it is. ------------------------------------------------------ #AnchoringEffect #CognitiveBehaviors Business Insider tells you all you need to know about business, finance, tech, retail, and more. Subscribe to our channel and visit us at: read.bi/7XqUHI BI on Facebook: read.bi/2xOcEcj BI on Instagram: read.bi/2Q2D29T BI on Twitter: read.bi/2xCnzGF -------------------------------------------------- Anchoring Effect: Guessing How Many Jelly Beans Are In A Jar | Why Are We All So Stupid?