Lu, Jingyi; Xie, Xiaofei - In: Organizational Behavior and Human Decision Processes 124 (2014) 1, pp. 47-55
The status quo effect derived from loss aversion is common in decision making. However, we propose that advisors (vs …. As hypothesized, the status quo effect was observed among personal decision makers, but not among advisors (Studies 1 and … 2). Query order and content were found to mediate the impact of decision maker’s role on the status quo effect (Study 2 …