Beiträge Zur Dienstleistungsforschung 2016 2017
DOI: 10.1007/978-3-658-16464-5_2
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Because it was the first one – The effect of purchase order on the sunk-cost effect

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“…Regarding the consequences of these invested efforts, research on the sunk-cost effect and escalation of commitment finds that individuals stick with decisions in which they have already invested resources (e. g., Arkes and Blumer 1985;Robbert et al 2017;Roth et al 2015). These invested resources are not necessarily limited to monetary investments but also include time and effort (Cunha and Caldieraro 2009).…”
Section: Customer Participation and Perceived Process Costsmentioning
confidence: 99%
“…Regarding the consequences of these invested efforts, research on the sunk-cost effect and escalation of commitment finds that individuals stick with decisions in which they have already invested resources (e. g., Arkes and Blumer 1985;Robbert et al 2017;Roth et al 2015). These invested resources are not necessarily limited to monetary investments but also include time and effort (Cunha and Caldieraro 2009).…”
Section: Customer Participation and Perceived Process Costsmentioning
confidence: 99%