Thesisgold2020

The Role of Attention in Status Quo Bias

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Decision-Making and Behavioral Economics Financial Literacy, Pension, Retirement Analysis Experimental Behavioral Economics Studies

Abstract

We examined whether increased attention towards the status quo (enabled by its visual salience) is a previously underappreciated driver of status quo bias.

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2007G*Power 3: A flexible statistical power analysis program for the social, behavioral, and biomedical sciences 2008Nudge: improving decisions about health, wealth, and happiness 2009Nudge: Improving Decisions About Health, Wealth, and Happiness 2010Decision making and the avoidance of cognitive demand.2003The psychology of doing nothing: Forms of decision avoidance result from reason and emotion.2013Attention and choice: A review on eye movements in decision making 2009Does In-Store Marketing Work? Effects of the Number and Position of Shelf Facings on Brand Attention and Evaluation at the Point of Purchase 2006Recommendations Implicit in Policy Defaults

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