Status Quo Bias

One concept. Four tiers of command. Which do you speak?

Category: Cognition

Foundational Lexiconprefer no change
Executive Parlanceinertia preference
Scholarly Discoursechange aversion
Babel ZenithStatus Quo Bias
Origin: Behavioral Economics

Etymology & Meaning

Preferring current state over change.

In the Boardroom

Why people don't switch banks despite better options.

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