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The sunk cost effect across species: A review of persistence in a course of action due to prior investment
16 references·16 citing·30 second hopsampled
The sunk cost effect across species: A review of persistence in a course of action due to prior investment (2016)The sunk cost effect across species: A re…How Basic Are Behavioral Biases? Evidence from Capuchin Monkey Trading Behavior (2006)How Basic Are Behavioral Bias…Decisions from Experience and the Effect of Rare Events in Risky Choice (2004)Decisions from Experience and…The mental accounting of sunk time costs: why time is not like money (2001)The mental accounting of sunk…The sunk cost and Concorde effects: Are humans less rational than lower animals? (1999)The sunk cost and Concorde ef…Payment Depreciation: the Behavioral Effects of Temporally Separating Payments From Consumption (1998)Payment Depreciation: the Beh…Sunk Costs in the NBA: Why Draft Order Affects Playing Time and Survival in Professional Basketball (1995)Sunk Costs in the NBA: Why Dr…Deescalation strategies: A comparison of techniques for reducing commitment to losing courses of action. (1992)Deescalation strategies: A co…Prospect theory: An analysis of decision under risk (1988)Prospect theory: An analysis …Rational Choice and the Framing of Decisions (1986)Rational Choice and the Frami…The psychology of sunk cost (1985)The psychology of sunk costChoices, values, and frames. (1984)Choices, values, and frames.The Framing of Decisions and the Psychology of Choice (1981)The Framing of Decisions and …The Escalation of Commitment To a Course of Action (1981)The Escalation of Commitment …Toward a positive theory of consumer choice (1980)Toward a positive theory of c…Prospect Theory: An Analysis of Decision under Risk (1979)Prospect Theory: An Analysis …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…He Loves the One He Has Invested In: The Effects of Mating Cues on Men’s and Women’s Sunk Cost Bias (2024)He Loves the One He Has Inves…A multiple-goal framework for exploring goal disengagement (2024)A multiple-goal framework for…The Sunk Cost Effect in Humans: Procedural Comparisons (2022)The Sunk Cost Effect in Human…Sunk cost sensitivity during change-of-mind decisions is informed by both the spent and remaining costs (2022)Sunk cost sensitivity during …Apparent sunk cost effect in rational agents (2022)Apparent sunk cost effect in …Sensitivity to Sunk Costs Depends on Attention to the Delay (2021)Sensitivity to Sunk Costs Dep…Over and under commitment to a course of action in decisions from experience. (2021)Over and under commitment to …Certainty and uncertainty of the future changes planning and sunk costs. (2021)Certainty and uncertainty of …Economics and Epicycles (2020)Economics and EpicyclesCapuchin and rhesus monkeys show sunk cost effects in a psychomotor task (2020)Capuchin and rhesus monkeys s…The psychology of sunk cost: A classroom experiment (2019)The psychology of sunk cost: …Sour grapes and sweet victories: How actions shape preferences (2019)Sour grapes and sweet victori…Sense or non-sense? a critical discussion of a recent evolutionary–cognitive approach to “folk-economic beliefs” (2019)Sense or non-sense? a critica…Behavioral Investments in the Short Term Fail to Produce a Sunk Cost Effect (2018)Behavioral Investments in the…The Time and Social Context in Sunk-Cost Effect (2017)The Time and Social Context i…Rats behave optimally in a sunk cost task (2017)Rats behave optimally in a su…Judgment under Uncertainty: Heuristics and Biases (1975)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)Loss Aversion in Riskless Choice: A Reference-Dependent Model (1991)Construal-level theory of psychological distance. (2010)The Presentation of Self in Everyday Life. (1956)A Theory of Cognitive Dissonance (1957)Judgment in Managerial Decision Making (1986)Self-Regulation Failure: An Overview (1996)A Theory of Cognitive Dissonance (2017)Experience-Based and Description-Based Perceptions of Long-Term Risk: Why Global Warming does not Scare us (Yet) (2006)Risk and Rationality in Adolescent Decision Making (2006)The trouble with overconfidence. (2008)Theory of games and economic behavior (2019)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)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)Perception of Risk (1987)Toward a Theory of Situation Awareness in Dynamic Systems (1995)Framing Processes and Social Movements: An Overview and Assessment (2000)Advances in prospect theory: Cumulative representation of uncertainty (1992)Framing: Toward Clarification of a Fractured Paradigm (1993)The weirdest people in the world? (2010)Representativeness Revisited: Attribute Substitution in Intuitive Judgment (2002)A perspective on judgment and choice: Mapping bounded rationality. (2003)
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References

  • 1979Prospect Theory: An Analysis of Decision under Risk48,459 cited
  • 1988Prospect theory: An analysis of decision under risk32,475 cited
  • 1981The Framing of Decisions and the Psychology of Choice17,834 cited
  • 1984Choices, values, and frames.6,505 cited
  • 1980Toward a positive theory of consumer choice5,574 cited
  • 1986Rational Choice and the Framing of Decisions3,624 cited
  • 1985The psychology of sunk cost2,579 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
  • 2004Decisions from Experience and the Effect of Rare Events in Risky Choice1,657 cited
  • 1999The sunk cost and Concorde effects: Are humans less rational than lower animals?554 cited
  • 2006How Basic Are Behavioral Biases? Evidence from Capuchin Monkey Trading Behavior472 cited
  • 1992Deescalation strategies: A comparison of techniques for reducing commitment to losing courses of action.426 cited
  • 1995Sunk Costs in the NBA: Why Draft Order Affects Playing Time and Survival in Professional Basketball402 cited
  • 1998Payment Depreciation: the Behavioral Effects of Temporally Separating Payments From Consumption

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349 cited
  • 2001The mental accounting of sunk time costs: why time is not like money342 cited
  • Cited by

    • 2019Sour grapes and sweet victories: How actions shape preferences37 cited
    • 2021Sensitivity to Sunk Costs Depends on Attention to the Delay21 cited
    • 2022Apparent sunk cost effect in rational agents17 cited
    • 2024He Loves the One He Has Invested In: The Effects of Mating Cues on Men’s and Women’s Sunk Cost Bias14 cited
    • 2022Sunk cost sensitivity during change-of-mind decisions is informed by both the spent and remaining costs14 cited
    • 2018Behavioral Investments in the Short Term Fail to Produce a Sunk Cost Effect12 cited
    • 2020Capuchin and rhesus monkeys show sunk cost effects in a psychomotor task11 cited
    • 2021Over and under commitment to a course of action in decisions from experience.10 cited
    • 2021Certainty and uncertainty of the future changes planning and sunk costs.10 cited
    • 2017Rats behave optimally in a sunk cost task9 cited
    • 2020Economics and Epicycles7 cited
    • 2019The psychology of sunk cost: A classroom experiment6 cited
    • 2017The Time and Social Context in Sunk-Cost Effect6 cited
    • 2024A multiple-goal framework for exploring goal disengagement6 cited
    • 2019Sense or non-sense? a critical discussion of a recent evolutionary–cognitive approach to “folk-economic beliefs”5 cited
    • 2022The Sunk Cost Effect in Humans: Procedural Comparisons3 cited