Multiple reference points, framing, and the status quo bias in health care financing decisions
Article Abstract:
The influence of status quo and framing conditions in the selection of reference alternatives is studied. Employees were asked to select healthcare benefits within a problem context made up of multiple reference points. Results show the existence of status quo bias at multiple levels as well as an interaction between status quo and framing. Status quo bias is also most evident in treatment conditions with low status quo levels.
Publication Name: Organizational Behavior & Human Decision Processes
Subject: Psychology and mental health
ISSN: 0749-5978
Year: 1995
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On the death of SMART and the birth of GRAPA
Article Abstract:
The graphical version of the PA (GRAPA) technique should be employed as a method for eliciting weights. However, this conclusion does not mean that the SMART method should be eliminated in favor of GRAPA. Rather, GRAPA is perceived as superior to either SMART or SMARTS. But, SMART was also seen as exhibiting the most significant internal consistency among the three techniques.
Publication Name: Organizational Behavior & Human Decision Processes
Subject: Psychology and mental health
ISSN: 0749-5978
Year: 1997
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