Money A2Z Web Search

Search results

  1. Results From The WOW.Com Content Network
  2. Status quo bias - Wikipedia

    en.wikipedia.org/wiki/Status_quo_bias

    Status quo bias. A status quo bias is a cognitive bias which results from a preference for the maintenance of one's existing state of affairs. [1] The current baseline (or status quo) is taken as a reference point, and any change from that baseline is perceived as a loss or gain. Corresponding to different alternatives, this current baseline or ...

  3. Confirmation bias - Wikipedia

    en.wikipedia.org/wiki/Confirmation_bias

    Definition and context Confirmation bias, a phrase coined by English psychologist Peter Wason, is the tendency of people to favor information that confirms or strengthens their beliefs or values and is difficult to dislodge once affirmed. Confirmation biases are effects in information processing. They differ from what is sometimes called the behavioral confirmation effect, commonly known as ...

  4. Escalation of commitment - Wikipedia

    en.wikipedia.org/wiki/Escalation_of_commitment

    Escalation of commitment. Escalation of commitment is a human behavior pattern in which an individual or group facing increasingly negative outcomes from a decision, action, or investment nevertheless continue the behavior instead of altering course. The actor maintains behaviors that are irrational, but align with previous decisions and actions.

  5. Groupthink - Wikipedia

    en.wikipedia.org/wiki/Groupthink

    Groupthink. Groupthink is a psychological phenomenon that occurs within a group of people in which the desire for harmony or conformity in the group results in an irrational or dysfunctional decision-making outcome. Cohesiveness, or the desire for cohesiveness, in a group may produce a tendency among its members to agree at all costs. [1]

  6. Social proof - Wikipedia

    en.wikipedia.org/wiki/Social_proof

    Social proof (or informational social influence) is a psychological and social phenomenon wherein people copy the actions of others in choosing how to behave in a given situation. The term was coined by Robert Cialdini in his 1984 book Influence: Science and Practice . Social proof is used in ambiguous social situations where people are unable ...

  7. Conformity - Wikipedia

    en.wikipedia.org/wiki/Conformity

    Conformity. Conformity is the act of matching attitudes, beliefs, and behaviors to group norms, politics or being like-minded. [1] Norms are implicit, specific rules, guidance shared by a group of individuals, that guide their interactions with others. People often choose to conform to society rather than to pursue personal desires – because ...

  8. Normative social influence - Wikipedia

    en.wikipedia.org/wiki/Normative_social_influence

    Normative social influence is a type of social influence that leads to conformity. It is defined in social psychology as "...the influence of other people that leads us to conform in order to be liked and accepted by them." [1] The power of normative social influence stems from the human identity as a social being, with a need for companionship ...

  9. Breaching experiment - Wikipedia

    en.wikipedia.org/wiki/Breaching_experiment

    Breaching experiment. In the fields of sociology and social psychology, a breaching experiment is an experiment that seeks to examine people's reactions to violations of commonly accepted social rules or norms. Breaching experiments are most commonly associated with ethnomethodology, and in particular the work of Harold Garfinkel.