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Showing posts from October, 2015

Anchoring Bias, or How To Do Self Assessments

There are few assessments as confusing as self-assessments. Is my performance in class at an A, or at a B?  Am I 'exemplifying' the 'Learning Habits' expectations, or merely 'meeting' them? What is that even supposed to mean?  As if those questions aren't hard enough to answer, there's also the concern about how your teacher will view your assessment of yourself. Some fear that modest self-evaluations may result in a lower final grade by skewing the teacher's thought process toward an unfavourable judgement. Yet going the opposite direction, and grading yourself generously, is also perceived to be harmful. One of my teachers notably quipped that self-assessments are 'a great way to find out who's delusional!' So, should you evaluate yourself conservatively or should you give yourself the benefit of the doubt? Worry no more, for a finding from behavioural economics may hold your answer. It's called anchoring, and don'