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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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Detalles Bibliográficos
Publicado en:Int J Psychol Res (Medellin)
Main Authors: Tait, Veronika, Miller, Jr., Harold L
Formato: Artigo
Idioma:Inglês
Publicado: Facultad de Psicología. Universidad de San Buenaventura, Medellín 2019
Assuntos:
Acceso en liña: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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