Search Results - subject_exact:"Sunk Costs"

He loves the one he has invested in : the effects of mating cues on men's and women's sunk cost bias

Chen, Rui; Sun, Hao; Guo, Zhaoyang; Chen, Haipeng - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015338649

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, ebvufind01.dmz1.zbw.eu/10015357614

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

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

The sunk cost fallacy is typically covered in introductory economics courses. It is among the most important biases that influence decision making. Ronayne et al. (2021a,b) find evidence of behavior consistent with the sunk cost effect and utilize eight questions that measure individuals'...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015190185

Gravity with history : on incumbency effects in international trade

Egger, Peter; Foellmi, Reto; Schetter, Ulrich; Torun, David - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015457637

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Gravity with history: on incumbency effects in international trade

Egger, Peter; Foellmi, Reto; Schetter, Ulrich; Torun, David - 2024

Book / Working Paper

Gravity with history : on incumbency effects in international trade

Egger, Peter; Foellmi, Reto; Schetter, Ulrich; Torun, David - 2023

Book / Working Paper

To the depths of the sunk cost : experiments revisiting the elusive effect

Beknazar-Yuzbashev, George; Ichiba, Sota; Stalinski, Mateusz - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015616230

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To the depths of the sunk cost : experiments revisiting the elusive effect

Beknazar-Yuzbashev, George; Ichiba, Sota; Stalinski, Mateusz - 2025

Book / Working Paper

Signaling, screening, or sunk costs? : experimental evidence on how prices affect agricultural technology adoption in East Africa

Van Campenhout, Bjorn; Abate, Gashaw Tadesse; Colen, … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015550147

The sunk cost fallacy in venture capital staging : decision-making dynamics for follow-on investment rounds

Hogrebe, Fabian; Lutz, Eva - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015070785

The hold-up problem with flexible unobservable investments

Krähmer, Daniel - 2024

The paper studies the canonical hold-up problem with one-sided investment by the buyer and full ex post bargaining power by the seller. The buyer can covertly choose any distribution of valuations at a cost and privately observes her valuation. The main result shows that in contrast to the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014482789

Evolution, investment, and bargaining

Robles, Jack - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014556609

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

Stirnkorb, Sebastian - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014558586

Why do platforms charge proportional fees? : commitment and seller participation

Muthers, Johannes; Wismer, Sebastian - 2023

This paper deals with trade platforms whose operators not only allow third party sellers to offer their products to consumers, but also offer products themselves. In this context, the platform operator faces a hold-up problem if he uses classical twopart tariffs only as potential competition...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014249628

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Why Do Platforms Charge Proportional Fees? Commitment and Seller Participation

Muthers, Johannes - 2013

Book / Working Paper

Hold-Up Cost and Firm Boundaries

Mori, Yusuke - 2023

This study introduces a hold-up cost (i.e., the cost of acquiring information regarding a transacting partner's relationship-specific investment to substantiate the need for contract renegotiation) in the model of the property-rights theory. As is widely accepted, the costs of accessing relevant...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014259642

Why do subsidiaries divest? : the role of subsidiary performance, slack resources, and sunk costs

Lu-Jui, Chen; Wen-Ruey, Lee; Yu-Hsuan, Hsu - 2023

Subsidiaries are important in the global strategy of multinational enterprises (MNEs). However, in the face of uncertainty and competition, the decision to divest a subsidiary from a market becomes a critical decision for MNEs. This study suggests that the factors for divesting subsidiaries are...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014321318

Hedging to market-wide shocks and competitive selection

Friberg, Richard; Trygg Kupersmidt, Isak - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014278094

The Contributions of Robert S. Pindyck

Berndt, Ernst R. - 2023

Robert S. Pindyck has made significant contributions to a wide and diverse range of economic literatures; summarizing them is challenging. To keep the length of this review manageable, I confine my discussion to four areas in which his contributions have been particularly notable: (i) economic...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014359439

Information frictions and the two margins of trade : evidence from Slovenian manufacturing

Zaurino, Elena; Polanec, Sašo - 2023

We empirically investigate whether firms lower information frictions in foreign sourcing through prior exporting. Using a panel of Slovenian manufacturing firms in the period 1996-2011, we estimate the probability of import entry in a new market when the firm is already exporting to the same...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014330313

Progress decisions involving time : sunk cost or completion effects

Thorsteinson, Todd J.; Billings, Christian G. - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015154625

Sunk costs, large domestic market, and the re-entry dilemma : export process in SMEs from a developing economy

Lengler, Jorge - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015418480

Institutions, holdup and automation

Presidente, Giorgio - 2021

What drives investment in automation technologies? This paper documents a positive relationship between labor-friendly institutions and investment in industrial robots in a sample of developing and advanced economies. Institutions explain a substantial share of cross-country variation in...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012626728

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Institutions, Holdup and Automation

Presidente, Giorgio - 2021

Book / Working Paper

Institutions, Holdup and Automation

Presidente, Giorgio - 2021

Book / Working Paper

Institutions, holdup and automation

Presidente, Giorgio - 2019

Book / Working Paper

Globalization, technonolgy discrepancy and specialization

Wu, Sheng-Fen; Lee, Cheng-Te - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015571138

Dynamically optimal cover crop adoption

Chen, Le; Rejesus, Roderick M.; Brown, Zachary S.; … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015614336

In too deep : the effect of sunk costs on corporate investment

Guenzel, Marius - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015400799

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In too deep : the effect of sunk costs on corporate investment

Guenzel, Marius - 2020

Book / Working Paper

Decision-making modes and decision-making biases : improving decisions in escalation of commitment situations by triggering considerations?

Kotzian, Peter - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015403979

The dynamics of global sourcing

Hoang, Trang - 2022

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012939022

International Trade Dynamics with Sunk Costs and Productivity Shocks

Fujii, Daisuke - 2022

This paper offers a unified framework to analyze both short- and long-run trade dynamics with heterogeneous firms in a consistent manner. The model embeds the classical theory of export hysteresis into a continuous-time trade model with heterogeneous firms, and considers the effects of both...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014080679

Real exchange rate shocks and new product margins in the export market

Hahn, Chin Hee; Pyun, Ju Hyun - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014302817

Sunk costs, entry and clustering

Matros, Alexander; Smirnov, Vladimir; Wait, Andrew - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014552954

Re-examining the showrooming phenomenon : the moderating role of consumers' maximizing tendency

Hsieh, Jung-Kuei; Kumar, Sushant; Ko, Ning-Yu - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014486745

Credit ratings and the hold-up problem in the loan market

Cahn, Christophe; Girotti, Mattia; Salvadè, Federica - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014515149

The impact of financial and behavioural sunk costs on consumers' choices

Kovács, Kármen - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014519723

Does sunk-cost affect prices? : evidence from the US airline industry

Shi, Long; Liu, Qihong; Kim, Myongjin - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015144348

Sunk cost effect, self-control, and contract design

Zhang, Xing; Iyer, Ganesh; Xu, Xiaoyan; Chong, Juin-kuan - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015168565

The macroeconomics of irreversibility

Baley, Isaac; Blanco, Andrés - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015333638

Mandatory unbundling and irreversible investment in Telecom networks

Pindyck, Robert S. - 2004

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10001941795

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Mandatory Unbundling and Irreversible Investment in Telecom Networks

Pindyck, Robert S. - 2021

Book / Working Paper

Mandatory Unbundling and Irreversible Investment in Telecom Networks

Pindyck, Robert S. - 2005

Book / Working Paper

Mandatory Unbundling and Irreversible Investment in Telecom Networks

Pindyck, Robert S. - 2004

Book / Working Paper

Uncertainty, investment, and industry evolution

Caballero, Ricardo J. - 1996

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10001204265

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Uncertainty, Investment, and Industry Evolution

Caballero, Ricardo J.; Pindyck, Robert S. - 2021

Book / Working Paper

Uncertainty, Investment, and Industry Evolution

Caballero, Ricardo J. - 1992

Book / Working Paper

Monopoly power and endogenous product variety : distortions and remedies

Bilbiie, Florin; Ghironi, Fabio; Melitz, Marc J. - 2019

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012139750

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Monopoly power and endogenous product variety : distortions and remedies

Bilbiie, Florin; Ghironi, Fabio; Melitz, Marc J. - 2016

Book / Working Paper

Monopoly power and endogenous product variety : distortions and remedies

Bilbiie, Florin; Ghironi, Fabio; Melitz, Marc J. - 2016

Book / Working Paper

Monopoly Power and Endogenous Product Variety : Distortions and Remedies

Bilbiie, Florin; Ghironi, Fabio Pietro; Melitz, Marc J. - 2021

Book / Working Paper

Monopoly Power and Endogenous Product Variety : Distortions and Remedies

Bilbiie, Florin O. - 2008

Book / Working Paper

Putting a Human Name on an Investment Increases the Sunk Cost Fallacy

Hoang, Chi - 2021

An intangible investment may be seen in a human way when it has a human name. We investigate whether a human name for an investment alters people’s inclination to succumb to the sunk cost fallacy. Previous research on the sunk cost fallacy has focused on demonstrating its existence; little is...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013312960

Is Protecting Sunk Investments an Economic Rationale for Antitrust Law?

Biggar, Darryl R.; Heimler, Alberto - 2021

In recent years, the economic foundation of antitrust law is increasingly being called into question. The hypothesis that antitrust law seeks to promote consumer welfare has historically been extremely popular but in recent years has come under attack. In part this is due to the fact that...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013314178

Still in search of the sunk cost bias

Negrini, Marcello; Riedl, Arno; Wibral, Matthias - 2020

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012298379

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Still in search of the sunk cost bias

Negrini, Marcello; Riedl, Arno; Wibral, Matthias - 2020

Book / Working Paper

Still in Search of the Sunk Cost Bias

Negrini, Marcello; Riedl, Arno; Wibral, Matthias - 2021

Book / Working Paper

Breakthrough renewables and the green paradox

van der Ploeg, Rick - 2012

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010289634

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Breakthrough Renewables and the Green Paradox

van der Ploeg, Rick - 2021

Book / Working Paper

Concentration and market size: lower bound estimates for the Brazilian industry

Resende, Marcelo - 2008

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010264469

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Concentration and Market Size : Lower Bound Estimates for the Brazilian Industry

Resende, Marcelo - 2021

Book / Working Paper

Preemption, Start-Up Decisions and the Firms' Capital Structure

Moretto, Michele; Panteghini, Paolo - 2021

In this article, we analyse the interactions between financial and start-up decisions in an oligopolistic framework, where firms compete to enter a new market. We show that preemption can substantially reduce the negative effects of credit rationing on start-up investment decisions

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013317029

Sunk costs and quasi-hyperbolic discounting : keeping profitable commitments by considering sunk costs

Knox, Brian - 2022

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012798313

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Sunk Costs and Quasi-Hyperbolic Discounting : Keeping Profitable Commitments by Considering Sunk Costs

Knox, Brian D. - 2021

Book / Working Paper

Sunk cost in an investment task

Negrini, Marcello; Riedl, Arno; Wibral, Matthias - 2021

The sunk cost effect is considered as an important bias and perceived to be a widespread phenomenon in individual decisions. However, the evidence from field data and field and laboratory experiments is inconclusive. We present a laboratory experiment, designed to investigate the sunk cost bias...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013213110

Sunk Cost Fallacy, Self-control, and Contract Design

Zhang, Xing; Iyer, Ganesh; Xu, Xiaoyan; Chong, Juin-Kuan - 2021

This paper examines the sunk cost fallacy as a self-commitment device in mitigating self-control problems and analyzes its implications for contract design. The sunk cost fallacy can lead to over-consumption and escalation of commitment. We show that consumers anticipate the fallacy ex-ante, and...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013216658

Progressive Taxation and Irreversible Investment Under Uncertainty

Koskela, Erkki; Alvarez, Luis Hernan Radomiro - 2021

We analyze the impact of progressive taxation on irreversible investment under uncertainty. We show that if tax exemption is lower than sunk cost, higher tax rate will decelerate optimal investment by increasing the optimal investment threshold, while if tax exemption exceeds sunk cost, three...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013318776

Can Job Competition Prevent Hold-Ups?

Jansen, Marcel - 2004

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010261761

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Can Job Competition Prevent Hold-Ups?

Jansen, Marcel - 2021

Book / Working Paper

Firm and establishment volatility : the role of sunk costs, profit uncertainty and technological change

Ghosal, Vivek - 2003

The degree of endemic volatility in the number of firms and establishments varies considerably across industries. Examining the within-industry range of variation (max.-min.) of the number of firms over our sample period, the low and high values across U.S. manufacturing industries are 4 and...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011508062

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Firm and establishment volatility : the role of sunk costs, profit uncertainty and technological change

Ghosal, Vivek - 2003

Book / Working Paper

Firm and Establishment Volatility : The Role of Sunk Costs, Profit Uncertainty and Technological Change

Ghosal, Vivek - 2021

Book / Working Paper

Delegation of authority as an optimal (in)complete contract

Roider, Andreas - 2006

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10003403097

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Delegation of Authority as an Optimal (In)complete Contract

Roider, Andreas - 2004

Book / Working Paper

Delegation of Authority as an Optimal (In)complete Contract

Roider, Andreas - 2003

Book / Working Paper

Delegation of Authority as an Optimal (In)Complete Contract

Roider, Andreas - 2021

Book / Working Paper

Corporate Lobbying and Commitment Failure in Capital Taxation

Marceau, Nicolas; Smart, Michael - 2021

This paper investigates the effects of lobbying by corporations when investments are irreversible and government cannot commit to tax policies. We show that industries which rely more heavily on sunk capital lobby more vigorously and are generally more successful in obtaining tax breaks. Thus...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013320608