Anchoring
In the Open Standard
Dennis HanksMember for 19 years 6 months
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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,
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