The DOI matches its Crossref record; 41 of the 47 references it cites were found in a registry or an index.
Rational choice with status quo bias
Overview
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
Claims other papers make about this one
Each is checked against this paper’s own text: does it say what the citing paper says it does?
In the citing paper
“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
Citations
Cites
A BEHAVIORAL MODEL OF RATIONAL CHOICE
Simon, H. A. (1955) · The Quarterly Journal of Economics · doi:10.2307/1884852 · Cited by 15,877
Loss aversion in riskless choice: A reference-dependent model.
Tversky, A., & Kahneman, D. (1991) · The Quarterly Journal of Economics · doi:10.2307/2937956 · Cited by 6,432
Status quo bias in decision making
Samuelson, W., & Zeckhauser, R. (1988) · Journal of Risk and Uncertainty · doi:10.1007/bf00055564 · Cited by 5,897
Anomalies: The Endowment Effect, Loss Aversion, and Status Quo Bias
Kahneman, D., Knetsch, J. L., & Thaler, R. H. (1991) · Journal of Economic Perspectives · doi:10.1257/jep.5.1.193 · Cited by 5,019
The Handbook of experimental economics
(1995) · Choice Reviews Online · doi:10.5860/choice.33-1645 · Cited by 3,780
Experimental Tests of the Endowment Effect and the Coase Theorem
Kahneman, D., Knetsch, J. L., & Thaler, R. H. (1990) · Journal of Political Economy · doi:10.1086/261737 · Cited by 3,194
The Power of Suggestion: Inertia in 401(k) Participation and Savings Behavior
Madrian, B. C., & Shea, D. F. (2001) · The Quarterly Journal of Economics · doi:10.1162/003355301753265543 · Cited by 3,045
Experimental Tests of the Endowment Effect and the Coase Theorem
Kahneman, D. J., Knetsch, J. L., & Thaler, R. H. (2000) · Cambridge University Press eBooks · doi:10.1017/cbo9781139175197.009 · Cited by 2,870
Rabin, M. (1997) · RePEc: Research Papers in Economics · Cited by 2,463
The Handbook of Experimental Economics
(2020) · Princeton University Press eBooks · doi:10.2307/j.ctvzsmff5 · Cited by 1,171
Flagged first, then by citations
6 of the 47 references couldn’t be matched to a known paper.
Cited by
Sorted by citations
Items 101–200 of 336
Bounded Rationality in Choice Theory: A Survey
de Clippel, G., & Rozen, K. (2024) · Journal of Economic Literature · doi:10.1257/jel.20231592 · Cited by 15
Agranov, M., & Ortoleva, P. (2023) · The Review of Economics and Statistics · doi:10.1162/rest_a_01355 · Cited by 14
Decision making within a product network
Masatlıoĝlu, Y., & Suleymanov, E. (2019) · Economic Theory · doi:10.1007/s00199-019-01238-z · Cited by 14
What Drives Chinese Internet Users to Watch State-Media Broadcasts? An Audience Analysis
Hu, Y., & Shao, Z. (2021) · Journal of Chinese Political Science · doi:10.1007/s11366-021-09756-1 · Cited by 14
Indifference, indecisiveness, experimentation, and stochastic choice
Ok, E. A., & Tserenjigmid, G. (2022) · Theoretical Economics · doi:10.3982/te4216 · Cited by 14
Self-citationI Have, Therefore I Love: Status Quo Preference in Mate Choice
Günaydın, G., Selçuk, E., Yılmaz, C., & Hazan, C. (2017) · Personality and Social Psychology Bulletin · doi:10.1177/0146167217746339 · Cited by 14
Combinatorial Auctions with Endowment Effect
Babaioff, M., Dobzinski, S., & Oren, S. (2018) · ACM Conference on Economics and Computation (EC) · doi:10.1145/3219166.3219197 · Cited by 14
Behavioral Strong Implementation
Hayashi, T., Jain, R., Korpela, V. P., & Lombardi, M. (2020) · Economic Theory · doi:10.1007/s00199-023-01494-0 · Cited by 13
Guney, B., Richter, M., & Tsur, M. (2018) · Journal of Economic Theory · doi:10.1016/j.jet.2018.05.003 · Cited by 13
Costly switching from a status quo
Guney, B., & Richter, M. (2018) · Journal of Economic Behavior & Organization · doi:10.1016/j.jebo.2018.08.017 · Cited by 13
New Trends in Preference, Utility, and Choice: From a Mono-approach to a Multi-approach
Giarlotta, A. (2019) · Multiple criteria decision making · doi:10.1007/978-3-030-11482-4_1 · Cited by 13
Indecisiveness in behavioral welfare economics
Mandler, M. (2013) · Journal of Economic Behavior & Organization · doi:10.1016/j.jebo.2013.04.010 · Cited by 13
Can Indifference Make the World Greener?Preprint
Egebark, J. H., & Ekstrrm, M. (2013) · SSRN Electronic Journal · doi:10.2139/ssrn.2324922 · Cited by 13
Behavioral implementation under incomplete information
Barlo, M., & Dalkıran, N. A. (2023) · Journal of Economic Theory · doi:10.1016/j.jet.2023.105738 · Cited by 12
Independent vs. Coordinated Fundraising: Understanding the Role of Information
Eckel, C. C., Guney, B., & Uler, N. (2020) · European Economic Review · doi:10.1016/j.euroecorev.2020.103476 · Cited by 12
The status quo bias and its individual differences from a price management perspective
Bergers, D. (2021) · Journal of Retailing and Consumer Services · doi:10.1016/j.jretconser.2021.102793 · Cited by 12
Mind the Gap: Why Wealthy Voters Support Brexit
Green, J., & Pahontu, R. L. (2024) · British Journal of Political Science · doi:10.1017/s0007123423000728 · Cited by 12
Experience based dynamic choice: A revealed preference approach
Maltz, A. (2016) · Journal of Economic Behavior & Organization · doi:10.1016/j.jebo.2016.05.001 · Cited by 12
Aspirations and growth: a model where the income of others acts as a reference point
Bogliacino, F., & Ortoleva, P. (2010) · CaltechAUTHORS (California Institute of Technology) · doi:10.7907/taq1c-c6a27 · Cited by 12
Twisting the Truth: Foundations of Wishful Thinking
Kovach, M. (2018) · Theoretical Economics · doi:10.3982/te2744 · Cited by 13
Daido, K., & Itoh, H. (2006) · RePEc: Research Papers in Economics · Cited by 12
Expectations-Based Reference-Dependence and Choice Under Risk
Freeman, D. J. (2018) · The Economic Journal · doi:10.1111/ecoj.12639 · Cited by 11
Choice overload paradox and public policy design. The case of Swedish pension system
Czech, S. (2016) · Equilibrium Quarterly Journal of Economics and Economic Policy · doi:10.12775/equil.2016.025 · Cited by 11
Reference-Dependence and Marginal Utility: Alt, Samuelson, and Bernardelli
Hudík, M. (2014) · History of Political Economy · doi:10.1215/00182702-2815611 · Cited by 11
Remittance Responses to Temporary Discounts: A Field Experiment among Central American Migrants
Ambler, K., Aycinena, D., & Yang, D. (2014) · National Bureau of Economic Research · doi:10.3386/w20522 · Cited by 11
Thinking Inside the Box: Status Quo Bias and Stochastic ConsiderationPreprint
Kovach, M. (2018) · SSRN Electronic Journal · doi:10.2139/ssrn.3129150 · Cited by 11
Willingness to Accept, Willingness to Pay, and Loss Aversion
Chapman, J., Dean, M., Ortoleva, P., Snowberg, E., & Camerer, C. F. (2023) · National Bureau of Economic Research · doi:10.3386/w30836 · Cited by 11
Tutić, A. (2014) · Social Choice and Welfare · doi:10.1007/s00355-014-0830-y · Cited by 10
On the characterization of linear habit formation
Tserenjigmid, G. (2019) · Economic Theory · doi:10.1007/s00199-019-01202-x · Cited by 10
Revealed incomplete preferences under status-quo bias
Tapkı, İ. G. (2007) · Mathematical Social Sciences · doi:10.1016/j.mathsocsci.2006.12.003 · Cited by 10
Dynamic Consistency and Subjective Beliefs
Galanis, S. (2016) · Economic Theory · doi:10.1007/s00199-021-01351-y · Cited by 9
Kafaee, M., Daviran, E., & Taqavi, M. (2022) · AI & Society · doi:10.1007/s00146-022-01573-1 · Cited by 9
Choice Functions with States of Mind
Houy, N. (2007) · Theory and Decision · doi:10.1007/s11238-007-9049-z · Cited by 9
Sensitivity to prosperity and adversity: What would a Smithian function of happiness look like?
Bréban, L. (2012) · European Journal of the History of Economic Thought · doi:10.1080/09672567.2010.540341 · Cited by 9
Revealed Conflicting PreferencesPreprint
Ambrus, A., & Rozen, K. (n.d.) · RePEc: Research Papers in Economics · Cited by 9
Two-Stage Boundedly Rational Choice Procedures: Theory and Experimental EvidencePreprint
Manzini, P., & Mariotti, M. (2006) · SSRN Electronic Journal · doi:10.2139/ssrn.937874 · Cited by 9
Paying for randomization and indecisiveness
Ong, Q., & Qiu, J. (2023) · Journal of Risk and Uncertainty · doi:10.1007/s11166-023-09407-1 · Cited by 8
Consumer inertia fosters product quality
Wiśnicki, B. (2021) · Journal of Behavioral and Experimental Economics · doi:10.1016/j.socec.2021.101817 · Cited by 8
Cerreia‐Vioglio, S., Dillenberger, D., & Ortoleva, P. (2024) · Econometrica · doi:10.3982/ecta21748 · Cited by 8
Xiao, Q., Choi Shan Emma, L. A. M., Piara, M., & Feldman, G. (2021) · Meta-Psychology · doi:10.15626/mp.2020.2470 · Cited by 13
Wage Elasticities in Working and Volunteering: The Role of Reference Points in a Laboratory Study
Exley, C. L., & Terry, S. J. (2017) · Management Science · doi:10.1287/mnsc.2017.2870 · Cited by 8
Behavioral Decisions and WelfarePreprint
Dalton, P. S., & Ghosal, S. (2010) · SSRN Electronic Journal · doi:10.2139/ssrn.1570978 · Cited by 8
Biases in Managerial Decision Making: Overconfidence, Status Quo, Anchoring, Hindsight, Availability
Aren, S., & Hamamcı, H. N. (2021) · Journal of Business Strategy Finance and Management · doi:10.12944/jbsfm.03.01-02.03 · Cited by 7
The computational complexity of rationalizing boundedly rational choice behavior
Demuynck, T. (2011) · Journal of Mathematical Economics · doi:10.1016/j.jmateco.2011.05.001 · Cited by 7
A theory of iterative choice in lists
Guney, B. (2014) · Journal of Mathematical Economics · doi:10.1016/j.jmateco.2014.05.002 · Cited by 7
Mood-driven choices and self-regulation
Mihm, M., & Ozbek, K. (2018) · Journal of Economic Theory · doi:10.1016/j.jet.2018.05.006 · Cited by 7
Asymmetric gain–loss reference dependence and attitudes toward uncertainty
Lleras, J. S., Piermont, E., & Svoboda, R. (2018) · Economic Theory · doi:10.1007/s00199-018-1138-4 · Cited by 7
Incomplete preferences, willingness to pay, and willingness to accept
Chambers, R. G., Melkonyan, T., & Quiggin, J. C. (2021) · Economic Theory · doi:10.1007/s00199-021-01375-4 · Cited by 7
Giarlotta, A., Petralia, A., & Watson, S. (2022) · Journal of Economic Theory · doi:10.1016/j.jet.2022.105509 · Cited by 7
Welfare economics with status quo bias: a policy paralysis problem and cure
Mandler, M. (2006) · Cited by 7
Effects of Endogenous Task Complexity and the Endowed Bundle on Stated ChoicePreprint
Hu, W., & Hu, W. (2006) · RePEc: Research Papers in Economics · doi:10.22004/ag.econ.21437 · Cited by 7
Dynamic choice under familiarity-based attention
Barokas, G. (2021) · Social Choice and Welfare · doi:10.1007/s00355-021-01335-w · Cited by 6
An experiment on aspiration-based choice
Guney, B., & Richter, M. (2015) · Journal of Economic Behavior & Organization · doi:10.1016/j.jebo.2015.09.012 · Cited by 6
Disentangling preferences and limited attention: Random-utility models with consideration sets
Gibbard, P. (2021) · Journal of Mathematical Economics · doi:10.1016/j.jmateco.2020.102468 · Cited by 6
Money matters: an axiomatic theory of the endowment effect
Giraud, R. (2010) · Economic Theory · doi:10.1007/s00199-010-0552-z · Cited by 6
A characterization of the n-agent Pareto dominance relation
Qi, S. (2015) · Social Choice and Welfare · doi:10.1007/s00355-015-0934-z · Cited by 6
Self‐Fulfilling Mistakes: Characterisation and Welfare
Dalton, P. S., & Ghosal, S. (2016) · The Economic Journal · doi:10.1111/ecoj.12409 · Cited by 6
Tohmé, F., Caterina, G., & Gangle, R. (2017) · International Journal of General Systems · doi:10.1080/03081079.2017.1355913 · Cited by 6
Self-Control Preferences and Status-Quo Bias
Barokas, G. (2021) · The B E Journal of Theoretical Economics · doi:10.1515/bejte-2020-0136 · Cited by 6
Kıbrıs, Ö., Masatlıoĝlu, Y., & Suleymanov, E. (2024) · American Economic Journal Microeconomics · doi:10.1257/mic.20220089 · Cited by 6
Ambiguity and Dynamic Corporate InvestmentPreprint
Garlappi, L., Giammarino, R., & Lazrak, A. (2013) · SSRN Electronic Journal · doi:10.2139/ssrn.2214557 · Cited by 6
Ordered Reference Dependent ChoicePreprint
Lim, X. Z. (2021) · RePEc: Research Papers in Economics · doi:10.48550/arxiv.2105.12915 · Cited by 6
From ‘exceptionalism’ to authors’ rights: Fairer publishing policies for more impactful science
da Silva, J. A. T., Yamada, Y., Türp, J. C., & Daly, T. P. (2025) · Ethics Medicine and Public Health · doi:10.1016/j.jemep.2025.101219 · Cited by 5
Mihm, M. (2016) · Journal of Economic Theory · doi:10.1016/j.jet.2016.02.006 · Cited by 5
Bringing “Behavioral” Fully into Behavioral Public Administration
Banko-Ferran, D., Bengali, L., & Bhanot, S. P. (2023) · Journal of Behavioral Public Administration · doi:10.30636/jbpa.61.293 · Cited by 5
From Old to New Technologies: Exploring the Role and Impact of Value Resonance
Lee, K. (2024) · International Journal of Human-Computer Interaction · doi:10.1080/10447318.2023.2297328 · Cited by 5
Revealed Conflicting Preferences: Rationalizing Choice with Multi-Self Models
Ambrus, A., & Rozen, K. (2008) · Cited by 5
Kops, C. (2022) · Journal of Mathematical Economics · doi:10.1016/j.jmateco.2022.102726 · Cited by 5
Chapter 3 Reference-Dependent Preferences: An Axiomatic Approach to the Underlying Cognitive Process
Giraud, R. (2006) · Contributions to economic analysis · doi:10.1016/s0573-8555(06)80004-0 · Cited by 5
Listing Specs: The Effect of Framing Attributes on Choice
Galperti, S., & Cerigioni, F. (2023) · Journal of the European Economic Association · doi:10.1093/jeea/jvad032 · Cited by 4
Optimism, Overconfidence, and Moral Hazard
Sinander, L. (2024) · Journal of Political Economy Microeconomics · doi:10.1086/733782 · Cited by 4
Trade-off aversion and indecisive behaviours
Ip, E., & Nei, S. (2025) · Journal of Economic Behavior & Organization · doi:10.1016/j.jebo.2025.107095 · Cited by 4
Choice in ordered-tree-based decision problems
Mukherjee, S. (2013) · Social Choice and Welfare · doi:10.1007/s00355-013-0778-3 · Cited by 4
Reference dependence and random attention
Kovach, M., & Suleymanov, E. (2023) · Journal of Economic Behavior & Organization · doi:10.1016/j.jebo.2023.09.020 · Cited by 4
Designing contests for data science competitions: Number of stages and the prize structures
Liu, J., & Kim, K. (2023) · Production and Operations Management · doi:10.1111/poms.14061 · Cited by 4
Combinatorial auctions with endowment effect
Babaioff, M., Dobzinski, S., & Oren, S. (2022) · Games and Economic Behavior · doi:10.1016/j.geb.2022.09.005 · Cited by 4
Games with switching costs and endogenous references
Guney, B., & Richter, M. (2022) · Theoretical Economics · doi:10.3982/te4169 · Cited by 4
On the interpretation of the WTP/WTA gap as imprecise utility: an axiomatic analysis
Giraud, R. (2010) · HAL · Cited by 4
Limited Attention in Case-Based Belief FormationsPreprint
Bleile, J. (2014) · SSRN Electronic Journal · doi:10.2139/ssrn.2490420 · Cited by 4
Risk Preferences Under Extreme Poverty: A Field ExperimentPreprint
Caballero, G. (2010) · SSRN Electronic Journal · doi:10.2139/ssrn.1720983 · Cited by 4
A Process Account of the Endowment Effect: Voluntary Debiasing Through Agents and MarketsPreprint
Arlen, J. H., & Tontrup, S. W. (2013) · SSRN Electronic Journal · doi:10.2139/ssrn.2263447 · Cited by 4
Behavioural Decisions and WelfarePreprint
Dalton, P. S., & Ghosal, S. (2008) · RePEc: Research Papers in Economics · doi:10.22004/ag.econ.269783 · Cited by 4
Asymmetric Dominance, Deferral and Status Quo Bias in a Theory of Choice with Incomplete Preferences
Gerasímou, G. (2012) · Munich Personal RePEc Archive (Ludwig Maximilian University of Munich) · Cited by 4
IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF DOCTOR OF EDUCATION
Parslow, B. C. (2014) · Cited by 4
Behavioral Decisions and WelfarePreprint
Dalton, P. S., & Ghosal, S. (2011) · SSRN Electronic Journal · doi:10.2139/ssrn.1975326 · Cited by 4
Status quo bias with choice overload
Yang, J. (2024) · Games and Economic Behavior · doi:10.1016/j.geb.2024.11.012 · Cited by 3
Chandrashekar, S. P., & Fillon, A. A. (2024) · Experimental Psychology (formerly Zeitschrift für Experimentelle Psychologie) · doi:10.1027/1618-3169/a000617 · Cited by 3
Opportunities, Threats, and Strategic Choice: The Modifying Role of Emotion
Aarøen, C., & Selart, M. (2025) · Administrative Sciences · doi:10.3390/admsci15090331 · Cited by 4
Multiple priors and comparative ignorance
Kopylov, I. (2020) · Journal of Economic Theory · doi:10.1016/j.jet.2020.105132 · Cited by 3
Impressionable Rational Choice: Revealed-Preference Theory with Framing Effects
Barokas, G., & Ünveren, B. (2022) · Mathematics · doi:10.3390/math10234496 · Cited by 3
Random network consideration: Theory and experiment
Chadd, I. (2023) · Journal of Economic Behavior & Organization · doi:10.1016/j.jebo.2023.02.020 · Cited by 3
Rationalization of indecisive choice behavior by pluralist ballots
Alcantud, J. C. R., Cantone, D. A., Giarlotta, A., & Watson, S. (2023) · Journal of Mathematical Economics · doi:10.1016/j.jmateco.2023.102895 · Cited by 3
Faroque, A. R., Shimul, A. S., Xu, H., Kuivalainen, O., Murshed, F., & Sundqvist, S. (2025) · International Business Review · doi:10.1016/j.ibusrev.2025.102428 · Cited by 3
Inter-temporal choices with temporal reference dependence
Park, H. (2019) · Research in Economics · doi:10.1016/j.rie.2019.01.004 · Cited by 3
Psikolojik Yanlılıkların Finansal Çerçevede Değerlendirilmesi
Aren, S. (2019) · Turk Turizm Arastirmalari Dergisi · doi:10.26677/tr1010.2019.81 · Cited by 3
Bejarano, H. D., Gillet, J., & Rodríguez-Lara, I. (2025) · Southern Economic Journal · doi:10.1002/soej.12758 · Cited by 3
The interplay between transitivity and completeness: Generalized NaP-preferences
Carpentiere, D., Giarlotta, A., & Watson, S. (2022) · Journal of Mathematical Psychology · doi:10.1016/j.jmp.2022.102667 · Cited by 3
Sharmila Devi, R., & Perumandla, S. (2023) · Frontiers in Sustainable Cities · doi:10.3389/frsc.2023.1295357 · Cited by 4
Schilling, M. S., & Schulze-Cleven, P. J. (2009) · Journal of Marketing Management · doi:10.1362/026725709x461867 · Cited by 3
IS STATUS QUO BIAS CONSISTENT WITH DOWNWARD‐SLOPING DEMAND?
Wittman, D. A. (2007) · Economic Inquiry · doi:10.1111/j.1465-7295.2007.00061.x · Cited by 3
Metadata
- 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 › Economics, Econometrics and Finance › Economics and Econometrics › 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
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
