Sunk Cost as a Self-Disciplining Device
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KeywordsPresent bias; signaling; sunk cost fallacy; limited memory.;
- D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
- Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-CBE-2015-09-05 (Cognitive & Behavioural Economics)
- NEP-MIC-2015-09-05 (Microeconomics)
- NEP-SEA-2015-09-05 (South East Asia)
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