On the sunk-cost effect in economic decision-making: a meta-analytic review

@article{Roth2015OnTS,
  title={On the sunk-cost effect in economic decision-making: a meta-analytic review},
  author={Stefan Roth and Thomas Robbert and Lennart Straus},
  journal={Business Research},
  year={2015},
  volume={8},
  pages={99-138}
}
Although the effect of monetary sunk costs on decision-making is widely discussed, research is still fragmented, and results are sometimes controversial. One reason for this incomplete picture is the missing differentiation between the effect of sunk costs on utilization and progress decisions and its respective moderators. This article presents the results of a meta-analytic review of 98 effect sizes of the sunk-cost effect, with special emphasis on the decision-specific influence of… Expand
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