Discover how anchoring impacts financial decisions and investing. Learn key concepts and examples of this behavioral finance term.

One of the frequently asked questions when it comes to negotiations is: Who should make the first move? And more often than not, you come across an amateur answer: You want to be the one making the ...

One of the biggest cognitive influences on any negotiation is the anchor. Whenever you are negotiating about something like a salary, there is some starting number that gets things going. That initial ...