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Status quo is a Latin phrase meaning the existing state of affairs, particularly with regard to social, economic, legal, environmental, political, religious, scientific or military issues. [1] In the sociological sense, the status quo refers to the current state of social structure or values. [ 2 ]
Status quo state is a term from power transition theory within the wider field of international relations.It is used to describe states, that unlike revisionist states, see the international system of states, international law and often even free market economics as integral aspects of the international spectrum that should be upheld.
Status quo bias has been attributed to a combination of loss aversion and the endowment effect, two ideas relevant to prospect theory.An individual weighs the potential losses of switching from the status quo more heavily than the potential gains; this is due to the prospect theory value function being steeper in the loss domain. [1]
After all, unhappy people tend to challenge the status quo. The murder of UnitedHealthcare CEO Brian Thompson last week set off a torrent of complaints about fairness in healthcare costs, making ...
The coming year, Brennan said, will be an opportunity "to determine the productive role that each of us can play as collaborative partners, or individually, to disrupt the unacceptable status quo ...
System justification theory is a theory within social psychology that system-justifying beliefs serve a psychologically palliative function. It proposes that people have several underlying needs, which vary from individual to individual, that can be satisfied by the defense and justification of the status quo, even when the system may be disadvantageous to certain people.
What is not acceptable to the American people, or it seems to many global leaders, is that American foreign aid continues with the status quo. Trump was elected to make concrete changes to how we ...
For example, it can be argued that changing out the members of the Joint Chiefs of Staff is a significant workflow solution within the status quo policy that also supports the resolution. The area of leadership studies claims efficient solutions, limited to the few, to institutional problems incurred by the many.