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Pro Arguments, Con Arguments and Status Quo Bias in Multi-Issue Decision Problems

Author

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  • Spiegler, R.

Abstract

The public faces a choice between two alternatives: the status quo and a "comprehesive reform" proposal that departs from the status quo in several dimensions. Deliberation over the problem takes the form of a public multi-issue debate. The "reformists" argue that the proposed reform satisfies desirable features lacked by the status quo. The status quo supporters counter-argue that some of these features are obtainable by a reform that departs from the status quo in a single dimension only. This "modest reform" is not a feasible alternative in the debate and is used by the status quo camp merely as an argument.

Suggested Citation

  • Spiegler, R., 2000. "Pro Arguments, Con Arguments and Status Quo Bias in Multi-Issue Decision Problems," Economics Papers 2000-w13, Economics Group, Nuffield College, University of Oxford.
    • Handle: RePEc:nuf:econwp:2000-w13
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    More about this item

    Keywords

    REFORM ; STATUS QUO ; ALTERNATIVES;
    All these keywords.

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General
    • D79 - Microeconomics - - Analysis of Collective Decision-Making - - - Other

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