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Gambling with the house money in capital expenditure decisions: An experimental analysis
4 references·16 citing·47 second hop
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this work references cited by second hop

References

  • 1985The psychology of sunk cost2,579 cited
  • 1990Gambling with the House Money and Trying to Break Even: The Effects of Prior Outcomes on Risky Choice2,378 cited
  • 1993Reasons for Framing Effects400 cited
  • 1990Testing between alternative models of choice under uncertainty: Some initial results339 cited

Cited by

  • 2001Mental accounting and other-regarding behavior: Evidence from the lab89 cited
  • 2020Financial education and digital asset management: What's in the black box?86 cited
  • 2007The house money effect and local traders on the Sydney Futures Exchange80 cited
  • 2007The impact of endowment heterogeneity and origin on contributions in best-shot public good games78 cited
  • 2014Symbolic Consumption in Upscale Cafés68 cited
  • 2017How Do Prior Gains and Losses Affect Subsequent Risk Taking? New Evidence from Individual-Level Horse Race Bets67 cited
  • 2012The effects of income source, context, and income level on tax compliance decisions in a dynamic experiment64 cited
  • 2014Online Gambling Behavior: The Impacts of Cumulative Outcomes, Recent Outcomes, and Prior Use60 cited
  • 2013Is it my money or not? An experiment on risk aversion and the house-money effect56 cited
  • 2006Reflections on gains and losses: A 2 × 2 × 7 experiment

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52 cited
  • 2016Status quo effects in fairness games: reciprocal responses to acts of commission versus acts of omission49 cited
  • 2005Ultimatum Bargaining Experiments: The State of the Art48 cited
  • 2016Do casinos pay their customers to become risk-averse? Revising the house money effect in a field experiment46 cited
  • 2014Investors’ Risk Preference Characteristics Based on Different Reference Point46 cited
  • 2013An experimental study of the impact of competition for Other People’s Money: the portfolio manager market45 cited
  • 2009Probability weighting and the ‘level’ and ‘spacing’ of outcomes: An experimental study over losses44 cited