All posts tagged “status quo bias

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The game of life

“Anxiety is experiencing failure in advance.” — Seth Godin I mention and quote Seth Godin fairly often on this blog and so it only seems right to share this recent podcast that he did on the Tim Ferriss Show. Broadly speaking, the conversation is about… Read More

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The status quo, please

In 1988, William Samuelson (Boston University) and Richard Zeckhauser (Harvard University) published a seminal paper called, Status Quo Bias in Decision Making. In one of the experiments cited in the paper, two groups of people are given a hypothetical task that involves picking from a… Read More