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Loss Aversion as a Potential Factor in the Sunk-Cost Fallacy

The sunk-cost fallacy (SCF) occurs when an individual makes an investment with a low probability of a payoff because an earlier investment was made. The investments may be time, effort, or money. Previous researchers showed that larger prior investments were more likely to lead to the SCF than lower...

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Pubblicato in:Int J Psychol Res (Medellin)
Autori principali: Tait, Veronika, Miller, Jr., Harold L
Natura: Artigo
Lingua:Inglês
Pubblicazione: Facultad de Psicología. Universidad de San Buenaventura, Medellín 2019
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Accesso online:https://ncbi.nlm.nih.gov/pmc/articles/PMC7318389/
https://ncbi.nlm.nih.gov/pubmed/32612790
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.21500/20112084.3951
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