- “Why Are We All So Stupid?” explores the cognitive biases that lead us to make irrational decisions.
- In this episode, we focus on the anchoring effect, which is our tendency to rely too much on the first piece of information we’re given.
- Learning about anchoring effect may help you better negotiate a pay raise.
Watch other episodes of “Why Are We All So Stupid?”:
EDITOR’S NOTE: This video was originally published on December 14, 2018.