Status quo bias vs Omission bias

Status quo bias refers to the tendency for people to prefer things to stay the same by default, rather than make changes. This bias can lead individuals to stick with familiar options, even if a different choice might be better.

Omission bias, on the other hand, refers to the tendency for people to perceive harmful actions as worse than equally harmful inactions. This bias can result in individuals avoiding taking action, even when doing so could prevent harm or improve a situation.

In summary, status quo bias is about a preference for the current state of affairs, while omission bias is about the preference for inaction over action.