In Anderson's (2003) rational-emotional model, the omission and status quo biases were both explained in terms of:

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Anderson's (2003) rational-emotional model explains both the omission and status quo biases in terms of regret and fear. The omission bias occurs when people prefer inaction because they fear the regret of making a bad decision, whereas the status quo bias occurs when people prefer to maintain the current situation because they fear the regret of making a change. Fear is the common emotional factor that leads to both biases.

In Anderson's (2003) Rational-Emotional Model, the Omission and Status Quo