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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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Veröffentlicht in:Int J Psychol Res (Medellin)
Hauptverfasser: Tait, Veronika, Miller, Jr., Harold L
Format: Artigo
Sprache:Inglês
Veröffentlicht: Facultad de Psicología. Universidad de San Buenaventura, Medellín 2019
Schlagworte:
Online Zugang: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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