RT @koenfucius: “In particular, we find support for the idea that the sunk-cost effect is attenuated by time in utilization decisions.”—[op…
“In particular, we find support for the idea that the sunk-cost effect is attenuated by time in utilization decisions.”—[open access👍]meta-analytic review on the sunk-cost effect in economic decision-making: https://t.co/DzyfwJmA75 https://t.co/SrSKYeEMSP
RT @davdittrich: RT @CFCamerer One of the strongest variables that *reduces* sunk cost fallacy is elapsed time from sinking cost to decisio…
RT @CFCamerer: @R_Thaler @NewYorker One of the strongest variables that *reduces* sunk cost fallacy is elapsed time from sinking cost to de…
RT @CFCamerer: @R_Thaler @NewYorker One of the strongest variables that *reduces* sunk cost fallacy is elapsed time from sinking cost to de…
RT @davdittrich: RT @CFCamerer One of the strongest variables that *reduces* sunk cost fallacy is elapsed time from sinking cost to decisio…
RT @davdittrich: RT @CFCamerer One of the strongest variables that *reduces* sunk cost fallacy is elapsed time from sinking cost to decisio…
RT @CFCamerer: @R_Thaler @NewYorker One of the strongest variables that *reduces* sunk cost fallacy is elapsed time from sinking cost to de…
RT @CFCamerer One of the strongest variables that *reduces* sunk cost fallacy is elapsed time from sinking cost to decision. Suggests big role for mental “depreciation” over time (and window into debiasing nudge) https://t.co/SMlf9YWSQp https://t.co/CfFl9q
RT @CFCamerer: @R_Thaler @NewYorker One of the strongest variables that *reduces* sunk cost fallacy is elapsed time from sinking cost to de…
V interesting. I would have thought sometimes people “double down” on their earlier decisions and sunk costs might matter even more over time.
@R_Thaler @NewYorker One of the strongest variables that *reduces* sunk cost fallacy is elapsed time from sinking cost to decision. Suggests big role for mental “depreciation” over time (and window into debiasing nudge) https://t.co/9H45XtcQH9
You know what sunk-cost effect is? https://t.co/86XrItB2nE #decisionmaking #marketing