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A Revisit to Sunk Cost Fallacy for Two-Stage Stochastic Binary Decision Making

This paper undertakes a revisit of the sunk cost fallacy, which refers to the tendency of people to persist investing resources into something, even if it is destined to have no good outcome. We emphasize that the utilities associated with different alternatives are not static for decision makers, w...

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-д хадгалсан:
Номзүйн дэлгэрэнгүй
Үндсэн зохиолчид: Xuecheng Tian, Bo Jiang, King-Wah Pang, Yuquan Du, Yong Jin, Shuaian Wang
Формат: Artigo
Хэл сонгох:Inglês
Хэвлэсэн: MDPI AG 2024-05-01
Цуврал:Mathematics
Нөхцлүүд:
Онлайн хандалт:https://www.mdpi.com/2227-7390/12/10/1557
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