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Anchoring

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Dennis Hanks
User offline. Last seen 4 years 47 weeks ago. Offline
Joined: 17 Apr 2007
Posts: 310

Do you use any technique to moderate/eliminate the impact/influence of anchoring (providing a reference value) during your risk workshops?  I just became aware of the phenomenon(a) and wondered what others are doing.  Generally, I try to elicit percentage ranges eg. -10%, +20% to the calculated/estimated deterministic value.  In my mind, that should be enough.  Is it?  What do you do?

Thanks,