In the arena of decision-making, status quo bias means that the 'default' option:
A)has a lot of power.
B)is most likely to be chosen.
C)will automatically take place if the chooser fails to make an active decision.
D)All of these are true.

Question

Quizplus · Accepted Answer

Status quo bias refers to the preference to keep things the same or maintain a previous decision. This bias means that the default option often has a lot of power, is most likely to be chosen, and will automatically take place if no active decision is made, encompassing all the statements provided.

In the Arena of Decision-Making, Status Quo Bias Means That