Thaler’s “all-you-can-eat” puzzle: two alternative explanations
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References listed on IDEAS
- Thaler, Richard, 1980. "Toward a positive theory of consumer choice," Journal of Economic Behavior & Organization, Elsevier, vol. 1(1), pages 39-60, March.
- Arkes, Hal R. & Blumer, Catherine, 1985. "The psychology of sunk cost," Organizational Behavior and Human Decision Processes, Elsevier, vol. 35(1), pages 124-140, February.
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KeywordsSunk Costs; Mental Accounting; Prospect Theory; Physical Constraint; Satiation.;
- D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
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