When the stress of quitting meets the cost of playing: An Experiment on to quit or not to quit?
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More about this item
Keywordsbuck-passing; conflict theory of decision making; disinvestment decisions; economic experiment; optimal stopping; player types; risk aversion; vigilance; Buck-passing (Entscheidungsverschiebungsneigung); Konflikttheorie der Entscheidung; Desinvestitionsentscheidungen; ökonomisches Experiment; optimal stopping; Spielertypen; Risikoneigung; Vigilance (Wachsamkeit); Agribusiness; Agricultural and Food Policy; Farm Management; Labor and Human Capital; Risk and Uncertainty; D03; D81; L26;
- D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2012-10-06 (All new papers)
- NEP-CBE-2012-10-06 (Cognitive & Behavioural Economics)
- NEP-EVO-2012-10-06 (Evolutionary Economics)
- NEP-EXP-2012-10-06 (Experimental Economics)
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