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 can have more subtle effects on negotiations as well. Janiszewski and Uy investigated the effects of precision of an anchor. Participants read an initial price for a beach house, then gave the price they thought it was worth. They received either a general, seemingly nonspecific anchor (e.g., $800,000) or a more precise and specific anchor (e.g., $799,800). Participants with a general anchor adjusted their estimate more than those given a precise anchor ($751,867 vs $784,671). The authors propose that this effect comes from difference in scale; in other words, the anchor affects not only the starting "value", but also the starting "scale". When given a general anchor of $20, people will adjust in large increments ($19, $21, etc.), but when given a more specific anchor like $19.85, people will adjust on a lower scale ($19.75, $19.95, etc.). Thus, a more specific initial price will tend to result in a final price closer to the initial one.