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Escalation Errors and the Sunk Cost Effect: An Explanation Based on Reputation and Information Asymmetries
7 references·16 citing·47 second hop
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this work references cited by second hop

References

  • 1980Toward a positive theory of consumer choice5,574 cited
  • 1976Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information4,984 cited
  • 1982Reputation and imperfect information3,093 cited
  • 1990Corporate culture and economic theory2,233 cited
  • 1976Knee-deep in the big muddy: a study of escalating commitment to a chosen course of action2,065 cited
  • 1982Predation, reputation, and entry deterrence1,850 cited
  • 1981The Escalation of Commitment To a Course of Action1,692 cited

Cited by

  • 2018Big Data as a Governance Mechanism383 cited
  • 2011Capital Allocation and Timely Accounting Recognition of Economic Losses345 cited
  • 1995Effects of Expectations, Prior Involvement, and Review Awareness on Memory for Audit Evidence and Judgment226 cited
  • 2005The Combined Effect of Wages and Firm Profit on Employee Effort214 cited
  • 1992Why Hang on to Losers? Divestitures and Takeovers209 cited
  • 1993IMPACT OF 'ADVERSE SELECTION' ON MANAGERS' PROJECT EVALUATION DECISIONS.203 cited
  • 2015Learning About CEO Ability and Stock Return Volatility191 cited
  • 2010Toward a Theory of Whistleblowing Intentions: A Benefit‐to‐Cost Differential Perspective*

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

172 cited
  • 2007Searching for the sunk cost fallacy165 cited
  • 2005Continuance in Expertise-Sharing Networks: A Social Perspective157 cited
  • 2007Complementary controls and ERP implementation success152 cited
  • 2016CEO Investment Cycles150 cited
  • 1999The econometrics and behavioral economics of escalation of commitment: a re-examination of Staw and Hoang’s NBA data141 cited
  • 2002Resource Allocation Effects of Price Reactions to Disclosures140 cited
  • 1994An incentive to shirk, privately held information, and managers' project evaluation decisions133 cited
  • 2011Does CEO reputation matter for capital investments?126 cited