Imagine making a crucial decision only to realize later that your choice was heavily influenced by the first piece of information you encountered. This cognitive bias, known as the anchoring effect, ...

Lawyers strive for fairness and justice in every case they handle. However, the behavioral science research shows that human reasoning in legal contexts is inherently flawed and vulnerable to both ...

"[T]his tactic forces defendants into a no-win situation: to counter the anchoring effect of the plaintiff’s number, they must offer a figure of their own—despite maintaining that there’s no liability ...