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Hyteresis and Uncertainty: The Effect of Uncertainty on Delays to Exit Decisions
16 references·16 citing·37 second hopsampled
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References

  • 1994Investment Under Uncertainty.9,497 cited
  • 1994Investment under Uncertainty9,016 cited
  • 1980Irreversibility, Uncertainty, and Cyclical Investment4,130 cited
  • 1984Essentials of Behavioral Research: Methods and Data Analysis3,889 cited
  • 1995The Handbook of experimental economics3,678 cited
  • 1985The psychology of sunk cost2,579 cited
  • 1990Irreversibility, Uncertainty, and Investment2,456 cited
  • 1989Entry and Exit Decisions under Uncertainty2,356 cited
  • 1976Knee-deep in the big muddy: a study of escalating commitment to a chosen course of action2,065 cited
  • 1992The Escalation of Commitment to a Failing Course of Action: Toward Theoretical Progress1,056 cited
  • 2020Individual Decision Making991 cited
  • 1992Investment and Hysteresis985 cited
  • 2004Resistance to Reform: Status Quo Bias in the Presence of Individual-Specific Uncertainty: Comment960 cited
  • 1985Investment and the Valuation of Firms When There is an Option to Shut Down759 cited
  • 1973THE CORRELATION‐BASED LAW OF EFFECT1681 cited
  • 1993Establishing Operations

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621 cited

Cited by

  • 2019Real options theory in international business160 cited
  • 2008Information Technology Project Escalation: A Process Model*124 cited
  • 2007Real Options: Taking Stock and Looking Ahead104 cited
  • 2011Real Options in Divestment Alternatives91 cited
  • 2018The equity gap and knowledge-based firms86 cited
  • 2004Assessing the Influence of Incentives on Physicians and Medical Groups82 cited
  • 2009Real Options and Escalation of Commitment: A Behavioral Analysis of Capital Investment Decisions79 cited
  • 2013Entry mode irreversibility, host market uncertainty, and foreign subsidiary exits51 cited
  • 2016The sunk cost effect across species: A review of persistence in a course of action due to prior investment44 cited
  • 2009Troubling Futures: Scenarios and Scenario Planning for Organizational Decision Making36 cited
  • 2005A conceptualisation of task dimensions affecting escalation of commitment29 cited
  • 2011Description–experience Gaps: Assessments in Other Choice Paradigms22 cited
  • 2020Stage-Gate Escalation22 cited
  • 2001Comparison of Allocations by Individuals and Interacting Groups in an Escalation of Commitment Situation121 cited
  • 2014Ambiguous incentives and the persistence of effort: Experimental evidence20 cited
  • 2021How reward uncertainty influences subsequent donations: The role of mental accounting18 cited