Anchoring

First number dominates. Initial information becomes a reference point that skews all adjustments.

Featured In

The Home Buying Decision
The Art of Salary Negotiation
The 99% Accurate Test
The Interview Feedback Loop
The Anchoring Wheel Experiment
The Coffee Mug Experiment
The Jam Paradox
The $84,000 Pill: How Drug Prices Defy Gravity
Blockbuster's Fatal First Impression
Sane in Insane Places: The Rosenhan Experiment

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“You’ve got to have models in your head. And you’ve got to array your experience — both vicarious and direct — on this latticework of models.”— Charlie Munger

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Scenarios are AI-generated explorations of mental models applied to real-world events. Visualizations, design, and software are original works of Leema LLC.

Mental model descriptions draw on published scholarship including Munger, Kahneman, Taleb, Meadows, and others. These are learning aids, not substitutes for the cited works.

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