Reference Points and Omission Bias.¶
Baron, J., & Ritov, I. (1994). Reference Points and Omission Bias. Organizational Behavior and Human Decision Processes, 59(3), 475-498.
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Primes¶
- Omission Bias
- The bias lives in the \(\gamma\) term (the evaluation layer), not in \(U\) (the decision substrate) — and the contrast with action bias is now precise: action bias adds a credit term \(+\beta\) to the act, omission bias subtracts a culpability term \(-\gamma\) from it, and which dominates in a given context fixes the direction of the agent's tilt.
This sourceDisentangles omission bias from status-quo and loss-aversion effects, supporting the augmented-decision formalization.
- The bias lives in the \(\gamma\) term (the evaluation layer), not in \(U\) (the decision substrate) — and the contrast with action bias is now precise: action bias adds a credit term \(+\beta\) to the act, omission bias subtracts a culpability term \(-\gamma\) from it, and which dominates in a given context fixes the direction of the agent's tilt.
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