Keyword Analysis & Research: status quo bias nudge


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Frequently Asked Questions

What is'status quo bias'?

Status quo/Status quo bias - 'Status quo bias' is a Thaler-Sunstein 'nudge' which equates to inertia, and the default option (i.e., what happens when the respondent takes no action, like not checking the box). Status quo bias is a hugely powerful effect, and much exploited by corporations and much under-regulated by protective authorities.

What is status quo bias Thaler?

Thaler and Sunstein refer to 'status quo bias', being a tendency for humans to want to maintain things in their present form and so to resist change. Inertia (where people find it easier to do nothing rather than make a change) is a powerful effect, and has been used by leaders and communicators for generations.

What is status quo bias and herd mentality?

Status quo bias: doing something that has traditionally been done even though it may not be the best thing for you personally. We have a tendency to resist change unless the benefits are clear. Herd mentality: we’re heavily influenced by others, and peer pressure can be a major factor in the choices we make.

What is representativeness heuristic and status quo bias?

Representativeness heuristic: seeing patterns in random information. Status quo bias: doing something that has traditionally been done even though it may not be the best thing for you personally. We have a tendency to resist change unless the benefits are clear.


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