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Cognitive effort investment and opportunity costs in strategic decision-making: An individual differences examination

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References

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165 cited

2018Sensitivity to “sunk costs” in mice, rats, and humans142 cited

1995Sunk Cost Effects: The Influences of Instruction and Future Return Estimates126 cited

Cited by

2022The impact of childhood environments on the sunk‐cost fallacy7 cited
2022Processing mode and processing contents in older and younger adults’ sunk cost decision-making3 cited
2022Cost–benefit considerations have limited effect on the decision to exert cognitive effort in real-world computer-programming tasks2 cited
2024A Revisit to Sunk Cost Fallacy for Two-Stage Stochastic Binary Decision Making1 cited
2026Throwing good effort after bad: Evidence for a sunk-cost effect in cognitive effort-based decision-making1 cited