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Status quo is a Latin phrase meaning the existing state of affairs, particularly with regard to social, economic, legal, environmental, political, religious, scientific or military issues. [1] In the sociological sense, the status quo refers to the current state of social structure or values. [ 2 ]
A status quo bias or default bias is a cognitive bias which results from a preference for the maintenance of one's existing state of affairs. [1] The current baseline (or status quo) is taken as a reference point, and any change from that baseline is perceived as a loss or gain.
An individual's utility function is impacted by their reference point. Reference dependence asserts a value onto a product that can be assigned with numerous differing attributes the value is measured by the deviation from a reference point or status quo, which is either a gain or a loss in value.
Status quo state is a term from power transition theory within the wider field of international relations. It is used to describe states, that unlike revisionist states , see the international system of states, international law and often even free market economics as integral aspects of the international spectrum that should be upheld.
Spare Parts is the second studio album by the English rock band Status Quo, and their final one in the psychedelic vein. It is the first album to feature songwriting contributions from the band's road manager Bob Young.
Famous in the Last Century is the twenty-fourth studio album by British rock band Status Quo, released in 2000.According to XS All Areas - band members Francis Rossi and Rick Parfitt's duel 2004 autobiography - the idea to record a second covers album (following 1996's Don't Stop) came from the band's then-manager David Walker, who said they should celebrate the millennium with an album ...
Two provincial political parties, the Coalition Avenir Québec and the Quebec Liberal Party, support different ideas about Quebec's political status within Canada; the former wants to make Quebec an autonomous province within Canada, while the latter, like its former national parent party, supports maintaining the status quo with Quebec ...
Status Quo are a British rock band. The group originated in London and was founded in 1962 by Francis Rossi and Alan Lancaster while they were still schoolboys. [1] [2] After a number of name and lineup changes, which included the introduction of John Coghlan in 1963 and Rick Parfitt in 1967, the band became The Status Quo in 1967 and Status Quo in 1969.