Rational choice with status quo bias
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Customer inertia originated from the Status Quo Bias theoretical framework.
“The customer inertia originated from the Status Quo Bias (SQB) theoretical framework (Masatlioglu and Ok 2005; Samuelson and Zeckhauser 1988).”
From Health insurance policy renewal: an exploration of reputation, performance, and affect to understand customer inertia (2022) · cites this paper as Masatlioglu and Ok 2005
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Hayashi, T. (2009) · Theory and Decision · doi:10.1007/s11238-009-9175-x · Cited by 17 · see citing works
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Salant, Y., & Rubinstein, A. (2007) · SSRN Electronic Journal · doi:10.2139/ssrn.982211 · Cited by 17 · see citing works
The prosociality of intuitive decisions depends on the status quo
Gärtner, M. (2018) · Journal of Behavioral and Experimental Economics · doi:10.1016/j.socec.2018.04.005 · Cited by 16 · see citing works
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Hill, B. (2016) · Journal of Mathematical Economics · doi:10.1016/j.jmateco.2016.05.007 · Cited by 16 · see citing works
Bachi, B., & Ran Spiegler, Y. (2017) · Games and Economic Behavior · doi:10.1016/j.geb.2017.10.024 · Cited by 16 · see citing works
- Authors
- Masatlioglu, Y., & Ok, E. A.
- Affiliations
- New York University (US)
- Corresponding author
- Ok, Efe A.
- ORCID
- Ok, Efe A.
- Venue
- Journal of Economic Theory
- Publisher
- Elsevier BV
- Published
- 2005-03
- Volume
- 121
- Issue
- 1
- Pages
- 1-29
- ISSN
- 0022-0531 (ISSN-L)
- OpenAlex
- W1970542860
- Cited by
- 343
- References
- 47
- Citations by year
- 2026: 7 · 2025: 33 · 2024: 22 · 2023: 17 · 2022: 19 · 2021: 20 · 2020: 7 · 2019: 16 · 2018: 19 · 2017: 20 · 2016: 16 · 2015: 14 · 2014: 19 · 2013: 24 · 2012: 19
- FWCI
- 6.51
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- Journal of Economic Theory (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Topics
- Social Sciences › Decision Sciences › General Decision Sciences › Decision-Making and Behavioral Economics
- Social Sciences › Safety Research › Experimental Behavioral Economics Studies
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Economic and Environmental Valuation
- Keywords
- status quo bias, rational choice theory, revealed preference, endowment effect, choice behavior
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