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Learning lessons from sunk costs.
16 references·16 citing·41 second hopsampled
Learning lessons from sunk costs. (1995)Learning lessons from sunk costs.Thinking and Deciding (2006)Thinking and DecidingThe Escalation of Commitment to a Failing Course of Action: Toward Theoretical Progress (1992)The Escalation of Commitment …The case for motivated reasoning. (1990)The case for motivated reason…The Economic Structure of Tort Law (1988)The Economic Structure of Tor…Prospect theory: An analysis of decision under risk (1988)Prospect theory: An analysis …Errors and mistakes: Evaluating the accuracy of social judgment. (1987)Errors and mistakes: Evaluati…The psychology of sunk cost (1985)The psychology of sunk costThe Escalation of Commitment To a Course of Action (1981)The Escalation of Commitment …Beyond discrete biases: Functional and dysfunctional aspects of judgmental heuristics. (1981)Beyond discrete biases: Funct…Toward a positive theory of consumer choice (1980)Toward a positive theory of c…The Cost of Thinking (1980)The Cost of ThinkingAn Economic Theory of Self-Control (1977)An Economic Theory of Self-Co…Knee-deep in the big muddy: a study of escalating commitment to a chosen course of action (1976)Knee-deep in the big muddy: a…The language-as-fixed-effect fallacy: A critique of language statistics in psychological research (1973)The language-as-fixed-effect …Statistical principles in experimental design. (1962)Statistical principles in exp…The Presentation of Self in Everyday Life. (1956)The Presentation of Self in E…The impact of financial and behavioural sunk costs on consumers’ choices (2024)The impact of financial and b…Sunk cost predictions as theory of mind (2024)Sunk cost predictions as theo…When opportunities backfire: Alternatives reduce perseverance and success in task completion (2023)When opportunities backfire: …The impact of childhood environments on the sunk‐cost fallacy (2022)The impact of childhood envir…Why Change Now? Cognitive Reappraisal Moderates the Relation between Anxiety and Resistance to Sunk Cost (2021)Why Change Now? Cognitive Rea…Sunk Cost Effect: Being a Prisoner of Past Decisions (2020)Sunk Cost Effect: Being a Pri…Loss Aversion as a Potential Factor in the Sunk-Cost Fallacy (2019)Loss Aversion as a Potential …Is there a Sunk Cost Effect in Committed Relationships? (2016)Is there a Sunk Cost Effect i…Loss Aversion and Perspective Taking in the Sunk-Cost Fallacy (2015)Loss Aversion and Perspective…The sunk cost effect in pigeons and people: A case of within-trials contrast? (2014)The sunk cost effect in pigeo…Economic Decision Making and Theoretical Frameworks: In Search of a Unified Model (2014)Economic Decision Making and …Culture-related factors affect sunk cost bias. (2014)Culture-related factors affec…Incontinence, Honouring Sunk Costs and Rationality (2010)Incontinence, Honouring Sunk …Inequality, discrimination, and the power of the status quo: Direct evidence for a motivation to see the way things are as the way they should be. (2009)Inequality, discrimination, a…The susceptibility of mental accounting principles to evaluation mode effects (2008)The susceptibility of mental …Der Einfluss versunkener monetärer und zeitlicher Kosten auf Ressourcenallokationen (2005)Der Einfluss versunkener mone…Judgment under Uncertainty: Heuristics and Biases (1975)Prospect Theory: An Analysis of Decision under Risk (1979)Individual differences in reasoning: Implications for the rationality debate? (2000)Heuristics and Biases: The Psychology of Intuitive Judgment (2004)Instructional manipulation checks: Detecting satisficing to increase statistical power (2009)Judgment under Uncertainty: Heuristics and Biases (1974)The Framing of Decisions and the Psychology of Choice (1981)Loss Aversion in Riskless Choice: A Reference-Dependent Model (1991)Construal-level theory of psychological distance. (2010)Statistical Principles in Experimental Design (1964)Facilitation in recognizing pairs of words: Evidence of a dependence between retrieval operations. (1971)Cognitive reference points (1975)Ad hoc categories (1983)On the relations between seen objects and components of potential actions. (1998)PSYCHOLOGICAL CONDITIONS OF PERSONAL ENGAGEMENT AND DISENGAGEMENT AT WORK. (1990)Framing Processes and Social Movements: An Overview and Assessment (2000)Users of the world, unite! The challenges and opportunities of Social Media (2009)Being and Nothingness (2022)A Theory of Cognitive Dissonance (1957)Judgment in Managerial Decision Making (1986)Self-Regulation Failure: An Overview (1996)A Theory of Cognitive Dissonance (2017)Risk, Ambiguity, and the Savage Axioms (1961)Exploration and Exploitation in Organizational Learning (1991)Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance (2007)Theory of games and economic behavior (2019)The Handbook of Social Psychology (1969)Confirmation Bias: A Ubiquitous Phenomenon in Many Guises (1998)Well-being : the foundations of hedonic psychology (1999)False-Positive Psychology (2011)Belief, Attitude, Intention and Behavior: An Introduction to Theory and Research (1975)The Investment Model Scale: Measuring commitment level, satisfaction level, quality of alternatives, and investment size (1998)Artificial Intelligence and Management: The Automation–Augmentation Paradox (2021)Myopia and Inconsistency in Dynamic Utility Maximization (1973)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)The Disposition to Sell Winners Too Early and Ride Losers Too Long: Theory and Evidence (1985)Handbook of Emotions (1993)Implications of rational inattention (2003)Back-Translation for Cross-Cultural Research (1970)Intraclass correlations: Uses in assessing rater reliability. 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References

  • 1988Prospect theory: An analysis of decision under risk32,475 cited
  • 1962Statistical principles in experimental design.27,141 cited
  • 1956The Presentation of Self in Everyday Life.25,991 cited
  • 1990The case for motivated reasoning.9,014 cited
  • 1980Toward a positive theory of consumer choice5,574 cited
  • 1985The psychology of sunk cost2,579 cited
  • 1973The language-as-fixed-effect fallacy: A critique of language statistics in psychological research2,225 cited
  • 1976Knee-deep in the big muddy: a study of escalating commitment to a chosen course of action2,065 cited
  • 1981The Escalation of Commitment To a Course of Action1,692 cited
  • 1977An Economic Theory of Self-Control1,575 cited
  • 2006Thinking and Deciding1,422 cited
  • 1992The Escalation of Commitment to a Failing Course of Action: Toward Theoretical Progress1,056 cited
  • 1980The Cost of Thinking945 cited
  • 1987Errors and mistakes: Evaluating the accuracy of social judgment.869 cited
  • 1981Beyond discrete biases: Functional and dysfunctional aspects of judgmental heuristics.613 cited
  • 1988

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The Economic Structure of Tort Law
501 cited

Cited by

  • 2009Inequality, discrimination, and the power of the status quo: Direct evidence for a motivation to see the way things are as the way they should be.435 cited
  • 2008The susceptibility of mental accounting principles to evaluation mode effects24 cited
  • 2016Is there a Sunk Cost Effect in Committed Relationships?20 cited
  • 2005Der Einfluss versunkener monetärer und zeitlicher Kosten auf Ressourcenallokationen16 cited
  • 2019Loss Aversion as a Potential Factor in the Sunk-Cost Fallacy11 cited
  • 2014Culture-related factors affect sunk cost bias.11 cited
  • 2022The impact of childhood environments on the sunk‐cost fallacy7 cited
  • 2024The impact of financial and behavioural sunk costs on consumers’ choices5 cited
  • 2014The sunk cost effect in pigeons and people: A case of within-trials contrast?5 cited
  • 2014Economic Decision Making and Theoretical Frameworks: In Search of a Unified Model5 cited
  • 2023When opportunities backfire: Alternatives reduce perseverance and success in task completion3 cited
  • 2021Why Change Now? Cognitive Reappraisal Moderates the Relation between Anxiety and Resistance to Sunk Cost3 cited
  • 2024Sunk cost predictions as theory of mind1 cited
  • 2010Incontinence, Honouring Sunk Costs and Rationality1 cited
  • 2015Loss Aversion and Perspective Taking in the Sunk-Cost Fallacy1 cited
  • 2020Sunk Cost Effect: Being a Prisoner of Past Decisions1 cited