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Exploring the determinants of reinvestment decisions: Sense of personal responsibility, preferences, and loss framing

Two potentially costly errors are common in sequential investment decisions: sticking too long to a failing course of action (escalation of commitment), and abandoning a successful course of action prematurely. Past research has mostly focused on escalation of commitment, and identified three critic...

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Principais autores: Johannes T. Doerflinger, Torsten Martiny-Huenger, Peter M. Gollwitzer
Formato: Artigo
Idioma:Inglês
Publicado em: Frontiers Media S.A. 2023-01-01
coleção:Frontiers in Psychology
Assuntos:
investment decisions
escalation of commitment
personal responsibility
framing
preferences
poker game
Acesso em linha:https://www.frontiersin.org/articles/10.3389/fpsyg.2022.1025181/full
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