Psychology of the "Sunk Cost Effect"
SLS 20 Final Project by Marco Torres
Arkes, H. R., Blumer, C. (1985). The Psychology of Sunk Cost. Organizational Behavior and Human Decision Processes, 35, 124-140.
Haller, A. Schwabe, L. (2014). Sunk costs in the human brain. NeuroImage.
Schott, J. P., Scherer, L. D., Lambert, A. J. (2011). Casualties of war and sunk costs: Implications for attitude change and persuasion. Journal of Experimental Psychology, 47, 1134-1145.
Shubik, M. (1971). The Dollar Auction Game: A Paradox in Noncooperative Behavior and Escalation. The Journal of Conflict Resolution, 15(1), 109-111. 10.1177%2F002200277101500111
Zeng J., Zhang, Q., Chen, C., Yu, R. Gong, Q. (2013). An fMRI study on sunk cost effect. Brain Research, 1519, 63-70.
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