What is the Status Quo Bias?

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The status quo bias is a cognitive bias which leads people to prefer that things remain the same, or that things change as little as possible, if they absolutely must be altered. This cognitive bias plays a role in a number of fields, including economics, political science, sociology, and psychology, and numerous studies have been conducted on the status quo bias to look at ways in which this bias influences human behavior. By being aware of the role that the status quo bias plays in their own lives, people can take steps to reduce the influence of this bias on their decision making.

Several other cognitive biases play into the status quo bias, including the concept of loss aversion. Most people prioritize avoiding the potential for loss over pursuing the potential for gain. In other words, as a general rule people are conservative because they do not want to lose the gains they have made. As a result, they may view attempts to get ahead as potentially risky. In several studies, when presented with basically identical situations, subjects tend to choose the decision which is least likely to cause a loss.

This cognitive bias obviously plays a very important role in decision making, because under the status quo bias, people will make the choice which is least likely to cause a change. The status quo bias can also play a role in daily routines; many people eat the same thing for breakfast day after day, for example, or walk to work in exactly the same pattern, without variation. The inability to be flexible can cause people to become stressed or upset when a situation forces them to make a choice, and it may close their eyes to potential opportunities.

In economics, the status quo bias explains why many people make very conservative financial choices, such as keeping their deposits at one bank even when they are offered a better rate of interest by a bank which is essentially identical in all other respects. The strong desire to keep things the same can cause people to lose out by making conservative decisions. The status quo bias can also play a role in the world of marketing, as companies have learned to their chagrin when they radically redesign packaging or ingredients of popular products.

While the status quo bias can provide a certain amount of self-protection by encouraging people to make safer choices, it can also become crippling, by preventing someone from making more adventurous choices. Like other cognitive biases, this bias can be so subtle that people aren't aware of it, making it hard to break out of set patterns.

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