Mental budgeting versus marginal decisio
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M. G. Fennema; Jon D. Perkins
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Article
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2008
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John Wiley and Sons
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English
β 122 KB
π 1 views
## Abstract Many studies have shown that individuals make economically irrational decisions by using, rather than ignoring, sunk cost information. In this study, the effects of relevant academic training, financial experience and decision justification on investment decisions involving sunk costs w