Status Quo Bias, Rationality, and Conservatism about Value

Ethics 125 (2):449-476 (2015)
Authors
Jake Nebel
New York University
Abstract
Many economists and philosophers assume that status quo bias is necessarily irrational. I argue that, in some cases, status quo bias is fully rational. I discuss the rationality of status quo bias on both subjective and objective theories of the rationality of preferences. I argue that subjective theories cannot plausibly condemn this bias as irrational. I then discuss one kind of objective theory, which holds that a conservative bias toward existing things of value is rational. This account can fruitfully explain some compelling aspects of common sense morality, and it may justify status quo bias.
Keywords cognitive biases  rationality  conservatism  value
Categories (categorize this paper)
Reprint years 2015
DOI 10.1086/678482
Options
Edit this record
Mark as duplicate
Export citation
Find it on Scholar
Request removal from index
Revision history

Download options

Our Archive
External links

Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
Through your library

References found in this work BETA

New Work for a Theory of Universals.David Lewis - 1983 - Australasian Journal of Philosophy 61 (4):343-377.
On Ethics and Economics.Amartya Sen - 1989 - Tijdschrift Voor Filosofie 51 (4):722-723.

View all 18 references / Add more references

Citations of this work BETA

Genic Representation: Reconciling Content and Causal Complexity.M. Wheeler & A. Clark - 1999 - British Journal for the Philosophy of Science 50 (1):103-135.
Conservative Value.Geoffrey Brennan & Alan Hamlin - 2016 - The Monist 99 (4):352-371.

View all 9 citations / Add more citations

Similar books and articles

Preferences, Welfare, and the Status-Quo Bias.Dale Dorsey - 2010 - Australasian Journal of Philosophy 88 (3):535-554.
The Heterogeneity of Implicit Bias.Jules Holroyd & Joseph Sweetman - forthcoming - In Michael Brownstein & Jennifer Saul (eds.), Implicit Bias and Philosophy. Oxford University Press.
The “Bias” Bias in Social Psychology: Adaptive When and How?James Friedrich - 2004 - Behavioral and Brain Sciences 27 (3):335-336.
Bias in Peer Review.Carole J. Lee, Cassidy R. Sugimoto, Guo Zhang & Blaise Cronin - 2013 - Journal of the American Society for Information Science and Technology 64 (1):2-17.
Two Grades of Evidential Bias.Paul M. Churchland - 1975 - Philosophy of Science 42 (3):250-259.
Interpretation of Tests of Heterogeneity and Bias in Meta‐Analysis.John P. A. Ioannidis - 2008 - Journal of Evaluation in Clinical Practice 14 (5):951-957.
Negativity Bias and Basic Values.Shalom H. Schwartz - 2014 - Behavioral and Brain Sciences 37 (3):328-329.
On the Cognitive Bases of Knowledge Ascriptions.Mikkel Gerken - 2012 - In Jessica Brown & Mikkel Gerken (eds.), Knowledge Ascriptions. Oxford University Press.
Commensuration Bias in Peer Review.Carole J. Lee - 2015 - Philosophy of Science 82 (5):1272-1283,.

Analytics

Added to PP index
2015-01-08

Total downloads
1,943 ( #430 of 2,273,502 )

Recent downloads (6 months)
554 ( #341 of 2,273,502 )

How can I increase my downloads?

Monthly downloads

My notes

Sign in to use this feature