Miriam enrolled in a gym membership last year. In recent months, she has not used the gym much, yet she continues to pay her monthly membership fee. This is an example of:

Question

Quizplus · Accepted Answer

Miriam's behavior is an example of status quo bias, which is the tendency to prefer things to stay the same by doing nothing or sticking with a decision made previously. Despite not using the gym, she continues to pay the membership fee, indicating a preference for the current state of affairs over change.

Miriam Enrolled in a Gym Membership Last Year