Authorship declarationGilad supervised each step in the project, conducted the pre-registrations, and ran data collection. Muhrajan Piara initiated the project, designed and analyzed the first phase of this replication project, as part of his masters dissertation. Choi Shan Lam reviewed and reanalyzed the first phase of the replication and then initiated, designed, and analyzed the data from the second phase. Qinyu Xiao reviewed the pre-registrations and verified all data analyses and drafted the manuscript. Gilad and Qinyu finalized the manuscript for submission.
Status quo bias: Replication 3
Additional informationThe current replication is part of the larger "mass pre-registered replications in judgment and decision-making" project led by Gilad Feldman. The project aims to revisit well known research findings in the area of judgment and decision-making (JDM) and investigate the replicability of these findings. More information is available on: http://mgto.org/pre-registered-replications/ Status quo bias: Replication 4 Abstract Status quo bias refers to people's general preference to stick to, or continue with, a previously chosen option. In two pre-registered American online Amazon Mechanical Turk data collections (N1 = 311, N2 = 316), we attempted to replicate four decision scenarios from , the classic article that provided first experimental demonstration of the status quo bias. We found strong empirical support for the status quo bias in three decision scenarios: budget allocation (Question 1), investment portfolios (Question 2), and college job offers (Question 4). However, we failed to find conclusive support for the wagon color choices scenario (Question 6). We discuss implications of our results and possible explanations using multiple accounts suggested in the status quo bias literature.
Keywords: status quo bias, judgment and decision making, replicationStatus quo bias: Replication 5 Revisiting status quo bias:Replication of