Navigating the Waters of Arbitrary Coherence: More Than Meets the Eye
What is Arbitrary Coherence? Have you ever encountered something so strange and exciting that it made you stop and think? Welcome to the world of arbitrary coherence . It’s like looking at one of those pictures where you can see two things simultaneously—like a rabbit or a duck. But here, we're talking about how we make decisions, especially prices and buying things. Breaking it Down Arbitrary coherence is all about how we get used to prices or ideas that initially seem weird or random. For example, when you see the price of a new tech gadget, you might think it’s too expensive at first. But after a while, that price starts to seem normal to you. This happens because once our brain sets on a price or an idea, it starts to influence how we see things in the future. The Magic Behind First Impressions Let's dive a bit deeper. The initial price you see, that first impression, acts like an anchor. And once that anchor drops, it's tough to lift. This doesn't just apply to p...