In *The Planted Price*, author Simon Blackwood reveals how the first number you encounter-a listing
price, an opening bid, a menu anchor-hijacks every judgment that follows, even when you know to ignore it.
Professional appraisers valued the same house thousands of dollars apart based solely on a fabricated number
they were told to disregard; emergency-room physicians locked onto triage notes and missed diagnoses;
negotiators who named a salary first gained an anchoring advantage their counterparts spent the rest of the
conversation trying to escape.
This book documents nine real-world domains where anchoring distorts decisions-real estate, medicine,
hiring, litigation, retail pricing, auctions, credit limits, charitable giving, and forecasting-and provides the
structural overrides that let you judge from evidence before the planted number takes hold.
Readers will discover:
- How professional appraisers appraised identical properties $30,000-$50,000 apart when shown different
listing prices-numbers they explicitly knew were arbitrary
- Why emergency physicians anchor on the first diagnosis suggested in handoff notes, and how that mental
shortcut produces the diagnostic errors patient-safety researchers have catalogued for decades
- The salary-negotiation studies that overturned conventional wisdom: making the first offer isn't a
disadvantage-it sets the anchor the other side must work to escape
- How restaurants engineer menus with one conspicuously expensive dish that pulls every other price
upward without diners recognizing the mechanism
- The three-question audit-what was known independently, what number arrived first, what would
change if that number disappeared-that builds judgment immune to planted reference points