One of the early explanations of anchoring is the adjustment theory: you adjust your guess from the anchor and stop when it is reasonable. This makes your guess likely to be very close to the anchor.

Was it higher or lower? And how close was the number to your age? The anchoring bias Making guesses can be a tricky business—especially if you have little factual knowledge to go on. Let’s be ...

it makes sense to anchor theoretical work to practical development in many cases, she says. “We want to make sure this research isn’t something that works well in theory, rather than in the ...