In psychology, “status quo bias” refers to our general tendency to prefer things the way they are rather than having to face the uncertainty of less familiar options. In part, this is because we ...

This is the 10th article in the Behavioral Finance and Macroeconomics series, exploring the effect behavior has on markets and the economy as a whole and how advisors who understand this relationship ...

Change tends to be difficult. This is true whether the change in question is something as personal as a New Year's resolution or as impersonal as updating a business procedure or law. Nevertheless, it ...

The Binewskis are no ordinary family. Arty has flippers instead of limbs; Iphy and Elly are Siamese twins; Chick has telekinetic powers. These traveling circus performers see their differences as ...

The “status quo” in the South China Sea is a slippery concept that does little to advance a rules-based order. As East Asia’s maritime disputes continue to bubble, concern with the “status quo” is ...

The list goes on and on. Once, category leaders, all these companies saw their success decline due to the all-too-familiar adversary that was once the reason for their initial growth: the status quo.