Status Quo Bias

A live experiment conducted at an open day for the school of psychology at Cardiff University demonstrating ‘status quo bias’, as explained by Prof Marc Buehner.
Cardiff School of Psychology: psych.cf.ac.uk/

[@dominikstadler7988]

Hello, is there an article or a paper to this video? :)

[@j.labitag6714]

Great explanation! Thank you

[@jiggytv4850]

Its not really a great comparative experiment. If you involved a loss such as getting tazed (but not really doing it) if they didnt make it, then this would simulate an actual circumstance that involves happiness, context and choice between risk, low risk, and high risk. By only involving the choice between high risk, low risk choices with people in that context, they would only participate for a chocolate that involves no risk at all beforehand. Its like I would rather try to gain more at any point if theres nothing to lose, if there is something to lose or something that causes unhappiness to me then I would either A. Not participate or B. Go with my best bet and have the best chance at succeeding. Unless the whole point of your experiment was to solely answer if people make different decisions based on how the information is presented.

[@sabaridineshk1832]

Let me give you cognizant 😂😂

[@darthutah6649]

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