What to Do About “Back to the Office” Jitters
SUMMARY The majority of professionals in a recent survey said that they were anxious about returning to the office after working remotely during the pandemic. What can managers and employees do to manage the transition? Employees need guidance and flexibility to decrease their anxiety if they decide to return to the office. Managers can provide …
Patient responses to physician disclosures of industry conflicts of interest: A randomized field experiment.
Abstract Most patients in the United States depend on physicians who have financial relationships with the healthcare industry. These physician-industry relationships represent a conflict of interest: a potential clash between the physicians’ professional responsibilities and their self-interest. We conducted a randomized field experiment to assess the impact of written disclosures of physicians’ conflict of interest …
Amplification of the status quo bias among physicians making medical decisions.
Summary The status quo bias (SQB) is the tendency to prefer the current state of affairs. We investigated if experts (physicians) fall prey to the SQB when making decisions in their area of expertise and, if so, whether the SQB is reduced or amplified for experts compared to non-experts. We presented 302 physicians and 733 …
Amplification of the status quo bias among physicians making medical decisions. Read More »