Preference-based escalation: A new interpretation for the responsibility effect in escalating commitment and entrapment
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References listed on IDEAS
- Betsch, Tilmann & Haberstroh, Susanne & Glockner, Andreas & Haar, Thomas & Fiedler, Klaus, 2001. "The Effects of Routine Strength on Adaptation and Information Search in Recurrent Decision Making," Organizational Behavior and Human Decision Processes, Elsevier, vol. 84(1), pages 23-53, January.
- Axel K-D. Schulz & Mandy M. Cheng, 2002. "Persistence in capital budgeting reinvestment decisions - personal responsibility antecedent and information asymmetry moderator: A note," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 42(1), pages 73-86.
- Davis, Mark A. & Bobko, Philip, 1986. "Contextual effects on escalation processes in public sector decision making," Organizational Behavior and Human Decision Processes, Elsevier, vol. 37(1), pages 121-138, February.
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- Schultze, Thomas & Schulz-Hardt, Stefan, 2015. "The impact of biased information and corresponding meta-information on escalating commitment," Journal of Economic Psychology, Elsevier, vol. 49(C), pages 108-119.
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KeywordsEscalation of commitment Entrapment Sunk cost Self-justification Responsibility effect Preference effect;
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