Concept

Omission Bias

People prefer losses that happen from inaction rather than losses from taking action and being blamed

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Concept

Omission Bias

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Transcript mentions

  • Matt Dixon10:24

    … s actually a more powerful human bias, even more powerful than status quo bias that rears its ugly head and causes indecision, and that is called the omission bias. (16:06): The omission bias is, if you get down to it, is the fact that…