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Social and Behavioral Sciences Commons™
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Full-Text Articles in Social and Behavioral Sciences
Investment Decisions By Individuals And Groups In 'Sunk Cost' Situations: The Potential Impact Of Shared Representations, Christine M. Smith, R. S. Tindale, Linda Steiner
Investment Decisions By Individuals And Groups In 'Sunk Cost' Situations: The Potential Impact Of Shared Representations, Christine M. Smith, R. S. Tindale, Linda Steiner
Peer Reviewed Articles
Past research has shown that individuals prefer to continue investing resources into a failing endeavor once a considerable investment has been made, even when abandoning the project would be more rational economically. This phenomenon has been labeled the sunk cost effect (Arkes & Blumer, 1985). Since investment decisions are often made by groups, we compared individual and group propensities for falling prey to the sunk cost effect. we also varied whether or not individuals and groups needed to justify their investment decision to a superior. Both individuals and groups showed the sunk cost effect. Group process analyses showed that error-prone …
'About Talk': The Category Of Talk-Reflexive Words, Corey Anton
'About Talk': The Category Of Talk-Reflexive Words, Corey Anton
Peer Reviewed Articles
The present exploration examines the everyday capability to talk about talk by considering mainly the use of a particular word-type, what I shall be calling 'about talk' words. As an important note, the reader of this text should observe that almost all the sentences within this paper (except for quotations) embody 'about talk'. But, rather than continue to distract the reader by underlining every instance, I shall highlight (i.e., underline) only within the first two paragraphs of this essay all of these definite references to the verbal order. As for the other sentences, paragraphs, and pages, the reader is strongly …