Anchoring
An art dealer primes a buyer with huge numbers, then sells a crude pig painting for $10,000.
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Free for classrooms, worksheets, slides and other non-commercial use under CC BY-NC 4.0, with credit to Ben Orlin.
Cartoon by Ben Orlin, Math with Bad Drawings. https://cartoons.mathwithbaddrawings.com/2018-01-26-anchoring/ (CC BY-NC 4.0)Transcript
A: "Name the biggest number you can think of." B: "Okay... a googol to the googol."
A (holding a child-like painting of a pig): "Now, what do you think this painting is worth?" B: "Um... $10,000."
A: "Sold!" B: "Wait... what?"
[Caption] "The anchoring heuristic is an art dealer's best friend."