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Italian cars, a cool math experiment, and how the anchoring bias influences the way you make decisions

Italian cars, a cool math experiment, and how the anchoring bias influences the way you make decisions

Miguel Ferreira's avatar
Miguel Ferreira
Jun 05, 2020
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Italian cars, a cool math experiment, and how the anchoring bias influences the way you make decisions
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Do you like Italian cars?

So here's a question for you. 

Is the average price of Italian cars more or less than $180,000?

You know that's way too high. But wait, don't answer it yet. 

What if my question was: “What is the average price of Italian cars?”

Now, let's see what happens to you if I ask a different question: 

“Is the average price of Italian cars mo…

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