Difference between revisions of "Status quo bias"

Revision as of 19:08, 27 August 2020

Status quo bias

Revision as of 07:50, 25 August 2020 (view source) Dirkjan (talk \| contribs) (Created page with "In Nudge: Improving Decisions About Health, Wealth, and Happiness the'''Status quo bias''' this is when peop...")		Revision as of 19:08, 27 August 2020 (view source) Dirkjan (talk \| contribs) Newer edit →
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−	~~In [[Nudge: Improving Decisions About Health, Wealth, and Happiness\|Nudge: Improving Decisions About Health, Wealth, and Happiness]] the'''~~Status quo bias''' this is when people are very likely to continue a course of action since it has been traditionally the one pursued, even though this course of action may clearly not be in their best interest. An example of the status-quo bias at work would be when magazine companies offer trials of their magazines for free, but then, after the trial has ended, continue to send magazines and charge the customer until he or she actively ends the subscription. This leads to many people receiving and paying for magazines they do not read.	+	Status quo bias
	[[Category:management]]		[[Category:management]]