Status Quo Bias

Status quo bias means you value routine consistency and stability over disruptive idealism and constant change. Status quo bias is a pervasive part of human behavior.

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Engaging in status quo bias is a sign that youre not taking an effortful approach to decision-making.

Status quo bias. In their 1988 article Samuelson and Zeckhauser provided a number of real-world examples of status quo bias that reflect the wide-ranging impact of the bias. Youre happy to assimilate new information with what you already know to make future. While this works to free up mental resources for other tasks it means that we dont necessarily make.

The status quo bias is one type of cognitive bias that involves people preferring that things stay as they are or that the current state of affairs remains the same. A preference for the current state of affairsThe current baseline or status quo is taken as a reference point and any change from that baseline is perceived as a loss. Status quo bias is an emotional bias.

Status quo bias should be distinguished from a rational preference for the status quo. This bias can have.

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