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Nick Epley and Tom Gilovich found evidence that adjustment…

“Nick Epley and Tom Gilovich found evidence that adjustment is a deliberate attempt to find reasons to move away from the anchor:” quote by Daniel Kahneman
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““Nick Epley and Tom Gilovich found evidence that adjustment is a deliberate attempt to find reasons to move away from the anchor:””

Daniel Kahneman

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

People consciously seek reasons to deviate from an initial reference point, showing deliberate adjustment away from anchors.

In simple terms: People try to move away from anchors by finding reasons.

Key Takeaway

Recognize and question your adjustments.

Themes

cognition decision making biases

Mood

analytical critical

Type

psychological insightful

When to use this quote

  • Negotiations
  • pricing
  • investment decisions
  • personal judgments

Key Concepts

Anchoring adjustment motivated reasoning

Questions to Reflect On

  • Why do you feel the need to justify moving away from an anchor?
  • What evidence supports your adjustment?
A Different Perspective

Adjustment may be influenced by irrelevant motives.

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