Status Quo Bias
Status quo bias is a cognitive bias; an irrational preference for the current state of affairs. The 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 should be distinguished from a rational preference for the status quo ante, as when the current state of affairs is objectively superior to the available alternatives, or when imperfect information is a significant problem. A large body of evidence, however, shows that an irrational preference for the status quo--a status quo bias--frequently affects human decision-making.
Read more about Status Quo Bias.
Famous quotes containing the words status quo, status, quo and/or bias:
“Status quo, you know, that is Latin for “the mess we’re in.””
—Ronald Reagan (b. 1911)
“screenwriter
Policemen so cherish their status as keepers of the peace and protectors of the public that they have occasionally been known to beat to death those citizens or groups who question that status.”
—David Mamet (b. 1947)
“Any woman who chooses to behave like a full human being should be warned that the armies of the status quo will treat her as something of a dirty joke. That’s their natural and first weapon. She will need her sisterhood.”
—Gloria Steinem (b. 1934)
“The solar system has no anxiety about its reputation, and the credit of truth and honesty is as safe; nor have I any fear that a skeptical bias can be given by leaning hard on the sides of fate, of practical power, or of trade, which the doctrine of Faith cannot down-weigh.”
—Ralph Waldo Emerson (1803–1882)