word
status quo bias
STAY-tus KWOH BY-us
ˈsteɪtəs kwoʊ ˈbaɪəsListen
Hear it in a clear American voice. Slow it down to catch each syllable.
Syllable breakdown
statusquobias
Dictionary meaning
preference for the current state of affairs over change; in investing it causes individuals to leave portfolios in default allocations, fail to rebalance, or avoid switching to clearly superior products; inertia is treated as if it were a rational choice; Samuelson and Zeckhauser identified this bias as a pervasive force in economic decision-making
People also look up
Learn one new pronunciation a day
Get a word, name or idiom like “status quo bias” in your inbox — daily or weekly, free. Unsubscribe any time.
Something wrong? Suggest a correction