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Emotional bias

No change in size, 12:59, February 18, 2024
/* Status quo emotional bias */
== Status quo emotional bias ==
''See also:'' [[Emotional biasChange management]] The status quo emotional bias is "in which people do nothing instead of making a change. People are generally more comfortable keeping things the same than they are with change and thus do not necessarily look for opportunities where change may be beneficial. In the absence of an apparent problem requiring a decision, the status quo is maintained. If given a situation where one choice is the default choice, people will frequently let that choice stand rather than opting out of it and making another choice."<ref>[https://www.echowealthmanagement.com/blog/overcoming-six-emotional-biases-to-have-a-successful-investing-experience Overcoming Six Emotional Biases to Have a Successful Investing Experience]</ref>
The status quo [[emotional bias]] is "in which people do nothing instead of making a change. People are generally more comfortable keeping things the same than they are with change and thus do not necessarily look for opportunities where change may be beneficial. In the absence of an apparent problem requiring a decision, the status quo is maintained. If given a situation where one choice is the default choice, people will frequently let that choice stand rather than opting out of it and making another choice."<ref>[https://www.echowealthmanagement.com/blog/overcoming-six-emotional-biases-to-have-a-successful-investing-experience Overcoming Six Emotional Biases to Have a Successful Investing Experience]</ref>
== External links ==