Sunk cost effects: A test of the importance of context

DOI10.1016/S0165-1765(99)00179-2MaRDI QIDQ1606408zbMATH OpenFDO

Authors Kevin Keasey, Philip Moon

Publication date 1 September 2002

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/S0165-1765(99)00179-2

zbMATH Keywords

decisioninvestmentsunk cost

Mathematics Subject Classification ID

Decision theory (91B06)

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Cites work

• Gambling with the house money in capital expenditure decisions: An experimental analysis
• Repeated decisions and attitudes to risk
• The impact of incentives upon risky choice experiments

Cited in

(4)

• Behavioral and prescriptive explanations of a reverse sunk cost effect
• Construal level theory and escalation of commitment
• Searching for the sunk cost fallacy
• The sunk-cost effect and optimal two-part pricing

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