anchors serve as nudges.

Key Takeaways Defining Cognitive Biases: Cognitive biases are systematic patterns of deviation from normative or rational judgment. They influence our thoughts and decisions, often operating below our conscious awareness and leading us to perceive reality based on our subjective view, rather than objective facts. Distinguishing from Logical Fallaci

This process is called “anchoring and adjustment.” You start with some anchor, a number you know, and adjust in the direction you think is appropriate.