Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/156273 
Erscheinungsjahr: 
2015
Quellenangabe: 
[Journal:] Business Research [ISSN:] 2198-2627 [Volume:] 8 [Issue:] 1 [Publisher:] Springer [Place:] Heidelberg [Year:] 2015 [Pages:] 99-138
Verlag: 
Springer, Heidelberg
Zusammenfassung: 
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 moderators. The results show clear evidence that the sunk-cost effect emerges, though its effect size and the influence of the moderators are contingent on the respective decision type. In particular, we find support for the idea that the sunkcost effect is attenuated by time in utilization decisions. The results also reveal that older adults are less likely to fall prey to the sunk-cost effect than younger adults.
Schlagwörter: 
Sunk-cost effect
Meta-analytic review
Utilization decision
Progress decision
Escalation of commitment
JEL: 
D11
D80
Persistent Identifier der Erstveröffentlichung: 
Creative-Commons-Lizenz: 
cc-by Logo
Dokumentart: 
Article

Datei(en):
Datei
Größe
657.64 kB





Publikationen in EconStor sind urheberrechtlich geschützt.