The Status Quo Bias Is Different from the Omission Bias

question 70

Multiple Choice

The status quo bias is different from the omission bias in that the former is about making decisions that ____, while the latter is about making decisions that ____.

• A) keep things the same; require little effort
• B) keep things the same; avoid risks
• C) are similar to other people's decisions; require little effort
• D) are similar to other people's decisions; avoid risks

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Definitions:

Individual

Pertains to a single human being as distinct from a group, community, or family.

Likert-type

Scales commonly used in questionnaires that measure attitudes by asking respondents to rate their level of agreement or disagreement on a symmetric agree-disagree scale for a series of statements.

Informal Assessment

Evaluative processes or tools that are unstandardized and non-systematic, often used in educational or training contexts.

Assessment Instruments

Tools or methods used to evaluate, measure, or gauge a subject's knowledge, abilities, attitudes, or personality traits.