Psychological Bulletin · 2003 · 108 citations · 85 references
ManagementBehavioral SciencesPsychologyDecision AnalysisDecision MakingDecision TheoryAffective Decision MakingBehavioral Decision-makingChoice BehaviorDecision-making Under UncertaintyManagerial Decision MakingRational ChoiceChoice DeferralDecision-making BiasesEmotion-based Decision MakingEmotionsInertia In Decision-makingOmission BiasPreference UncertaintyPreference Under Uncertainty
Several independent lines of research bear on the question of why individuals avoid decisions by postponing them, failing to act, or accepting the status quo. This review relates findings across several different disciplines and uncovers 4 decision avoidance effects that offer insight into this common but troubling behavior: choice deferral, status quo bias, omission bias, and inaction inertia. These findings are related by common antecedents and consequences in a rational–emotional model of the factors that predispose humans to do nothing. Prominent components of the model include cost–benefit calculations, anticipated regret, and selection difficulty. Other factors affecting decision avoidance through these key components, such as anticipatory negative emotions, decision strategies, counterfactual thinking, and preference uncertainty, are also discussed. The experience of postponing and avoiding certain choices is universal, yet often appears to work against individuals ’ goals. Delays transform into lost opportunities, and adhering to the status quo is frequently unjustified given advantageous alternatives. Still, individuals persist in seeking default no-action, no-change options. Decision avoidance deserves concentrated attention, yet it has
85
Status quo bias in decision making
William Samuelson, Richard Zeckhauser · Journal of Risk and Uncertainty · 1988 · 5.9K citations
George Loewenstein, Elke U. Weber, Christopher K. Hsee · Psychological Bulletin · 2001 · 5.7K citations
An fMRI Investigation of Emotional Engagement in Moral Judgment
Joshua D. Greene, R. Brian Sommerville, Leigh E. Nystrom et al. · Science · 2001 · 4.6K citations