Experiments
For a Dollar Game (Escalation of Commitment) – Martin Shubik The Market For
A rigorous analysis of Martin Shubik's Dollar Auction, exploring game-theoretic paradoxes, escalation of commitment, and...
# Sunk Cost Fallacy
4 results
Experiments
Hal Arkes and Catherine Blumer The Ultimatum Game Experiment – Werner Güth, Rolf
A comprehensive academic analysis of behavioral economics, exploring Arkes and Blumer's sunk cost research alongside...
Experiments
Kahneman, Jack Knetsch, and Richard Thaler The Sunk Cost Fallacy Experiments
A comprehensive academic analysis of the foundational sunk cost fallacy experiments conducted by Daniel Kahneman,...
Experiments
And Amos Tversky The Sunk Cost Fallacy Experiments – Hal Arkes and Catherine
A comprehensive academic analysis of the sunk cost fallacy, synthesizing Amos Tversky's prospect theory with...