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The Incentives Lab
HBT-COG-0036 · Dimension COG · Cognition

Anchoring Bias

Over-reliance on the first number that hits the table.

Decision Bias·Cognitive Bias·Grade B·draft· enriching…

Scientific Definition

Over-reliance on the first number that hits the table.

Plain-English Definition

Over-reliance on the first number that hits the table.

Feynman Explanation

The first slide of the deck becomes the ceiling of the strategy.

Core Principle

Over-reliance on the first number that hits the table.

Mechanisms

Psychological

Over-reliance on the first number that hits the table.

Behavioral Economic

Pending editorial review.

Neurological

Pending editorial review.

Evolutionary

Pending editorial review.

Sociological

Pending editorial review.

Computational

Pending editorial review.

Systems

Pending editorial review.

Inputs (Triggers)

Pending editorial review.

Outputs (Behaviors)

Pending editorial review.

Behavioral Signature

The first slide of the deck becomes the ceiling of the strategy.

Examples

Everyday
  • An opening offer of $1.2M quietly defines a range nobody questions.
Modern (Organizational)
  • Budget proposals, comp bands, and valuations all silently anchor on the first figure shown.
Historical

Pending editorial review.

Famous Experiments

Pending editorial review.

Design Principles

  • Collect independent estimates in writing before anyone says a number out loud.

Measurement Approaches

Pending editorial review.

Evidence

Evidence Grade
B (A strongest → E speculative)
Replication
★★★☆☆
Intervention Confidence
3 / 5
Consensus
Pending editorial review (HBT v1.0 auto-seed).
Limitations
Pending editorial review (HBT v1.0 auto-seed).
Open Research Questions

Pending editorial review.

Primary References

Pending editorial review.

Signature Section

The Perverse Incentive Lens™

How this behavior is exploited — and how to redesign around it.

Exploitation
Whatever number the model prints first becomes the team's working hypothesis.
Amplifying Incentives
Budget proposals, comp bands, and valuations all silently anchor on the first figure shown.
Org Failure Modes
Budget proposals, comp bands, and valuations all silently anchor on the first figure shown.
Societal Failure Modes
Pending editorial review (HBT v1.0 auto-seed).
Ethical Considerations
Pending editorial review (HBT v1.0 auto-seed).
Redesign Strategies
Collect independent estimates in writing before anyone says a number out loud.
Diagnostic Questions
  • Collect independent estimates in writing before anyone says a number out loud.
Warning Signs

Pending editorial review.

Red Flags

Pending editorial review.

Intervention Playbook
Individual
Collect independent estimates in writing before anyone says a number out loud.
Team
Pending editorial review (HBT v1.0 auto-seed).
Organization
Pending editorial review (HBT v1.0 auto-seed).
Policy
Pending editorial review (HBT v1.0 auto-seed).
AI Implications
Detection
Whatever number the model prints first becomes the team's working hypothesis.
Measurement
Pending editorial review (HBT v1.0 auto-seed).
Mitigation
Pending editorial review (HBT v1.0 auto-seed).
Responsible Use
Pending editorial review (HBT v1.0 auto-seed).

Interactive Mini Network

Click any neighbor to re-center the graph and follow the threads of connection.

HBT-COG-0036 · COG
Anchoring Bias
ABABAction BiasAHAffect HeuristicDEDecoy EffectDEDefault EffectEEEndowment EffectFEFraming EffectHDHyperbolic DiscountingIEIKEA EffectIBInformation BiasLOLaw of Triviality + …

Knowledge Graph Neighbors

Version History

v1.1.0 · 2026-06-28Initial auto-seed from corpus.