Answer:
Some core ideas in behavioral economics focus on people’s propensity to do nothing, as evident in default bias and status quo bias. Inaction may be due to a number of factors, including inertia or anticipated regret. However, sometimes people have an impulse to act in order to gain a sense of control over a situation and eliminate a problem. This has been termed the action bias (Patt & Zeckhauser, 2000). For example, a person may opt for a medical treatment rather than a no-treatment alternative, even though clinical trials have not supported the treatment’s effectiveness.
Step-by-step explanation: