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Record W4393242196 · doi:10.54097/hbem.v21i.13735

Applications and Implications of Status Quo Bias

2023· article· en· W4393242196 on OpenAlexaff
Xinrui Luo

Bibliographic record

VenueHighlights in Business Economics and Management · 2023
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicHealth Systems, Economic Evaluations, Quality of Life
Canadian institutionsUniversity of Toronto
Fundersnot available
KeywordsStatus quo biasStatus quoPsychologyPolitical scienceLaw

Abstract

fetched live from OpenAlex

Status quo bias (SQB) refers to the inclination of individuals to prefer and maintain the current state in decision-making. This study explores the profound impact of SQB on decision-making in the fields of medicine, technology, and business. Through an extensive review of existing literature, we examine how SQB significantly influences the decision-making process and its subsequent outcomes, hampering the progress of innovation and hindering the adoption of optimal choices. Rooted in factors such as familiarity, comfort, and resistance to change, SQB acts as a formidable barrier to embracing novel alternatives. Additionally, limited understanding and low market penetration further reinforce this cognitive bias. By gaining a comprehensive understanding of the nature and implications of SQB, policymakers and decision-makers can access valuable insights to guide future planning and strategies effectively, mitigating the adverse effects of this cognitive bias. The study aims to encourage progress in medicine, technology, and business domains by promoting the exploration and adoption of new products and practices. By acknowledging and addressing SQB, stakeholders can foster a culture of adaptability and open-mindedness, ultimately driving positive advancements in their respective fields.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.105
metaresearch head score (Gemma)0.295
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Review · Consensus signal: none
Teacher disagreement score0.105
Threshold uncertainty score0.558

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.1050.295
Meta-epidemiology (narrow)0.0010.001
Meta-epidemiology (broad)0.0020.001
Bibliometrics0.0050.006
Science and technology studies0.0040.042
Scholarly communication0.0100.019
Open science0.0030.007
Research integrity0.0070.008
Insufficient payload (model declined to judge)0.0160.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.229
GPT teacher head0.374
Teacher spread0.145 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreReview

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2023
Admission routes1
Has abstractyes

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