Longship
Longships for the most part used two different kinds of anchors. The most common was a natural wood yoke formed from a tree branch. The weight was supplied by a stone passing laterally through the U of the yoke. The top of the yoke was closed by either a length of hardwood or a curved iron head, which kept the stone in place. One side of the head stuck out so it could dig into mud or sand. In the Ladby ship burial in Denmark, a unique iron anchor has been found, resembling the modern fisherman's anchor but without the crossbar. The cross bar may have rusted away. This anchor—made of Norwegian iron—has a long iron chain to which the hemp warp was attached. This construction has several advantages when anchored in deep waters or in rough seas.
Anchoring
Anchoring occurs when, during decision making, an individual relies on an initial piece of information to make subsequent judgments. Those objects near the anchor tend to be assimilated toward it and those further away tend to be displaced in the other direction. Once the value of this anchor is set, all future negotiations, arguments, estimates, etc. are discussed in relation to the anchor. This bias occurs when interpreting future information using this anchor. For example, the initial price offered for a used car, set either before or at the start of negotiations, sets an arbitrary focal point for all following discussions. Prices discussed in negotiations that are lower than the anchor may seem reasonable, perhaps even cheap to the buyer, even if said prices are still relatively higher than the actual market value of the car.