Search Results - subject:"Sunk Cost Fallacy"

Does Learning Economics Make You Less Susceptible to the Sunk Cost Fallacy?

Milovanska-Farrington, Stefani; Mateer, Dirk - 2025

The sunk cost fallacy is typically covered in introductory economics courses. It is among the most important biases … utilize eight questions that measure individuals' susceptibility to the sunk cost fallacy. We extend their research by … fallacy. We find that students become -14.95% less susceptible to the sunk cost fallacy after learning about it. We also …

Persistent link: https://www.econbiz.de/10015338915

Does learning economics make you less susceptible to the sunk cost fallacy?

Milovanska-Farrington, Stefani; Mateer, G. Dirk - 2025

Persistent link: https://www.econbiz.de/10015190185

Degree of personal responsibility in decisions and the likelihood to abandon an investment among professionals : evidence from a lab-in-the-field experiment

Trutmann, Kevin; Heinke, Steve; Rudin, Céline - 2025

Persistent link: https://www.econbiz.de/10015357614

Transaction cost unbundling and investors' reliance on investment research : evidence from experimental asset markets

Stirnkorb, Sebastian - In: Accounting, organizations and society : an … 112 (2024), pp. 1-18

Persistent link: https://www.econbiz.de/10014558586

The impact of childhood environments on the sunk-cost fallacy

Jhang, Jihoon; Lee, Daniel Chaein; Park, Jooyoung; Lee, … - In: Psychology & marketing 40 (2023) 3, pp. 531-541

Persistent link: https://www.econbiz.de/10014290760

Quick-witted entrepreneurs versus systematic managers: a comparative analysis of decision-making competence

Tommasi, Francesco; Sartori, Riccardo; Bollarino, Sara; … - In: Evidence-based HRM: a Global Forum for Empirical Scholarship 12 (2023) 2, pp. 271-288

Purpose Decision-making competence (DMC) of entrepreneurs and managers is a longstanding topic in this increasingly globalized world. These figures operate in conditions not within their own control, and good levels of DMC are often considered to be desirable for the flourishing of business and...

Persistent link: https://www.econbiz.de/10015342770

Evaluating the Sunk Cost Effect

Ronayne, David; Sgroi, Daniel; Tuckwell, Anthony - 2021

We provide experimental evidence of behavior consistent with the sunk cost effect. Subjects who earned a lottery via a real-effort task were given an opportunity to switch to a dominant lottery; 23% chose to stick with their dominated lottery. The endowment effect accounts for roughly only one...

Persistent link: https://www.econbiz.de/10012597403

Evaluating the sunk cost effect

Ronayne, David; Sgroi, Daniel; Tuckwell, Anthony - 2021

Persistent link: https://www.econbiz.de/10012494907

Evaluating the sunk cost effect

Ronayne, David; Sgroi, Daniel; Tuckwell, Anthony - 2020

Persistent link: https://www.econbiz.de/10012224874

Evaluating the sunk cost effect

Ronayne, David; Sgroi, Daniel; Tuckwell, Anthony - 2020

Persistent link: https://www.econbiz.de/10012224911