| Anchoring and Credit Cards [The Frontal Cortex] |
| Friday, 17 October 2008 | |
|
The same thing happens when people see the minimum payment on a credit card bill, which distorts the payment they end up making. While it's easy to mock the irrational bids of the business students, the anchoring effect is actually a ... |
| < Prev | Next > |
|---|
