The endowment effect, status quo bias, and loss aversion are robust and well documented results from experimental psychology. They introduce a wedge between the prices at which one is willing to sell or buy a good. The objective of this paper is to address this wedge. We show that the presence...

Using a status quo bias perspective, this paper examines the relation between customers' inertia and continuance intention, identifying the moderating role of contractual subscription on this relationship. The authors' model is validated using data collected from 457 mobile phone service...

Researchers disagree about the relevance of the so called QWERTY-phenomenon which simply means to get stuck in a bad equilibrium. There exists two contrary parties. One side says that the major influence for market success comes from greater quality. In consequence an inferior market player...

In stated preference literature, the tendency to choose the alternative representing the status quo situation seems to exceed real life status quo effects. Accordingly, status quo bias can be a problem. In Choice Experiments, status quo bias is found to be strongly correlated with protest...

Our paper explores how participants of voluntary transparency systems react to the cancellation of such programmes. We concern ourselves with participants of the voluntary transparency scheme known as the 'North Rhine-Westphalia Smiley'. The Smiley system, which awarded the compliant behavior of...

One concern about direct democracy is that citizens may not be sufficiently competent to decide about complex policies. This may lead to exaggerated conservatism in the voting decision (status quo bias). To investigate how complexity affects individual voting behavior, we develop a novel measure...

This study demonstrates how status quo bias (SQB) acts as an obstacle to active travel policy. A pre-registered experiment was undertaken to measure the strength of SQB and to illuminate its likely causes. A large, nationally representative sample evaluated descriptions of a town layout designed...

In this study, for the first time, to our knowledge, we use the propensity score matching algorithm to estimate the probability to remain 'stuck in the status-quo ante' across generations in Egypt. We use repeated cross-sectional data relative to a 20-year period from 1998 to 2018 to build...

Considerable evidence shows that people have optimistic beliefs about future outcomes. I present an axiomatic model of wishful thinking (WT), in which an endowed alternative, or status quo, influences the agent's beliefs over states and thus induces such optimism. I introduce a behavioral axiom...

In this study, for the first time, to our knowledge, we use the propensity score matching algorithm to estimate the probability to remain 'stuck in the status-quo ante' across generations in Egypt. We use repeated cross-sectional data relative to a 20-year period from 1998 to 2018 to build...