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| Author: | Tetlock, P. E. Boettger, R. |
| Title: | Accountability amplifies the status quo effect when change creates victims |
| Journal: | Journal of Behavioral Decision Making
1994 : VOL. 7:1, p. 1-23 |
| Index terms: | ACCOUNTABILITY RISK RATIONALITY PHARMACEUTICAL INDUSTRY |
| Language: | eng |
| Abstract: | This study assesses the impact of accountability, the status quo, and anticipated costs and benefits on judgement of the accountability of a drug in the US pharmaceuticals market. Several effects are documented. The authors explain the results by positing that perceptual-cognitive processes (loss aversion) and political processes (blame avoidance) mutually reinforce each other when decision makers are accountable for choices that raise the possibility of changing the status quo in ways that impose losses on identifiable constituencies. The article concludes by commenting on the complex normative issues that arise in labelling response tendencies as biases. |
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