Anchoring

Ever walked through the bustling lanes of Sarojini Nagar in Delhi or Colaba Causeway in Mumbai, trying to strike a bargain? You see a stunning leather bag, and the shopkeeper says, “Madam, bas ₹5,000!” You scoff, shake your head, and after a dramatic negotiation, you walk away with it for ₹2,500—thinking you’ve bagged a steal….