Japan and the US reached a tariff deal, with Japan expressing relief over a 15% tariff due to the anchoring effect, as CNBC reports; the agreement marks a significant improvement from the previously threatened 25% rate.
#YonhapInfomax #Japan #TariffNegotiations #AnchoringEffect #UnitedStates #15PercentTariff #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=73346
CNBC - Japan Relieved Despite 15% Tariffs Due to Anchoring Effect

Japan and the US reached a tariff deal, with Japan expressing relief over a 15% tariff due to the anchoring effect, as CNBC reports; the agreement marks a significant improvement from the previously threatened 25% rate.

Yonhap Infomax

How can the #anchoringEffect impact perceived #learning?

People were asked to guess whether their performance on a word-pair test would be higher than one particular value: either 80% or 20%. And their perceived learning (before, during, and after) depended on which of those two learning rates they were asked about.

This anchoring effect wasn't eliminated by giving people performance feedback *before* the anchor.

https://doi.org/10.1007/s11409-023-09339-w

#decisionScience #education #psychology