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Status Quo Bias: Difference between revisions
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[[File:Status quo bias example.png|alt=Status quo bias example|thumb|'''Figure 1'''. Status quo bias example]] | [[File:Status quo bias example.png|alt=Status quo bias example|thumb|'''Figure 1'''. Status quo bias example]] | ||
'''[[Energy frugal brain|Our brains don't like to expend energy]], so we are hardwired to avoid tasks that cause us to [[Cognitive dissonance|change our mindset]] or that lead to cognitive burden. This leads us to have a bias towards sticking with the status quo...''' | '''[[Energy frugal brain|Our brains don't like to expend energy]], so we are hardwired to avoid tasks that cause us to [[Cognitive dissonance|change our mindset]] or that lead to cognitive burden. This leads us to have a [[Cognitive biases|cognitive bias]] towards sticking with the status quo...''' | ||
We are resistant to change, as we fear we’ll regret actively making choices (when doing nothing is also a “choice”). The Status Quo Bias can, for example, lead to “[[Loss Aversion Bias|loss aversion bias]]” – compelling us to focus on not losing. When in doubt, we essentially tell ourselves to do nothing. | We are resistant to change, as we fear we’ll regret actively making choices (when doing nothing is also a “choice”). The Status Quo Bias can, for example, lead to “[[Loss Aversion Bias|loss aversion bias]]” – compelling us to focus on not losing. When in doubt, we essentially tell ourselves to do nothing. | ||