Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 18 of 18 for “"sunk costs"”.
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THE EFFECT OF GOAL DISTANCE ON GOAL VALUE AND ESCALATION OF COMMITMENT
… account of escalation of commitment assumes that sunk cost is the primary antecedent for this behavior. However, it has been noted that high sunk costs are confounded with progress made toward a goal and hidden payoff information. Thus, the apparent escalation tendency may be a consequence of goal …
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Essays in Experimental Economics
… if people base their decisions, in part, on sunk costs. Though standard economic theory would insist that sunk costs do not matter, I find that, at least in small stakes, sunk costs have about 10% the effect on decisions as profit does. Further, I find that sunk effort, even small amounts, …
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Essays on Behavioural Finance and Sports Economics
… team success model based on the home venue. The sunk cost concept is central to behavioural economists’ arguments, but evidence has mainly stemmed from laboratory experiments. Empirical evidence pertaining to sunk costs and their role in the decision-making processes is rather sparse. We used a …
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SOCIAL AND REPUTATIONAL DRIVERS OF SUNK-COST SENSITIVITY IN INDIVIDUAL AND COLLECTIVE DECISION-MAKING
… resources? This dissertation argues that sunk-cost behavior is shaped more by social pressures than by cognitive bias. Across three preregistered, “waste-free” studies, I show that people persist to protect reputation and relationships—especially when others have invested or when …
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Market structure and competition: an empirical analysis of the U.S. airline industry
… 2 documents empirical evidence that endogenous sunk costs investments in advertising and in expanding route network play a crucial role in determining equilibrium market structure and, that the industry is a natural oligopoly. In chapter 3 we perform an empirical analysis of market structure …
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Optimal allocation of surgical services
… heuristic rules-of-thumb that fail to treat sunk costs and opportunity costs appropriately. These approaches often lead to demonstrably sub-optimal operational decisions. We have developed a framework for answering these questions in a more quantitatively rigorous fashion using mathematical …
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Vertical product differentiation and competition in the supermarket industry
… product differentiation (VPD) enciogenous sunk cost framework proposed by Sutton (1991), several empirical implications are identified and evaluated using a detailed dataset of store level observations from the supermarket industry. Chapter 2 provides a formal test of the hypothesis that …
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Essays on International Trade
… to import and export. A firm needs to pay either sunk costs to initiate an activity or fixed costs to maintain that activity, anticipating that the decision would impact its future productivity and expected revenue. Estimating the model for a couple of Chinese industries, I find that both …
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Essays in Trade and Uncertainty
… Not only do these decisions require high sunk costs (cf. Roberts and Tybout (1997) and Antras and Helpman (2004)) but they are also subject to an additional set of uncertain conditions, e.g. exchange rates, foreign market conditions, and foreign policies. In particular, these potential …
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New approaches for integrating revenue and supply chain management
… traditional revenue management models that have sunk costs, we assume there are supply chain costs that depend on the demand being served. Specifically, customers arrive in an online manner, each with a set of requirements and associated revenue, and are either accepted or rejected upon arrival. …
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The diversity and effectiveness of industrial policies in East Asia : a case study of the Republic of Korea, Malaysia and Thailand, 1960-1997
… from the competitive market paradigm - sunk costs, economies of scale and scope, oligopoly, externalities and complementarities, information and coordination failures, and incomplete markets. The existence of these factors may justify government intervention to generate a more socially …
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Bounded Rationality in Real Estate Investment Decisions
… consider the deposits as option premiums (or sunk costs). I find that presale contract holders still anchor to the full contract prices rather than the outstanding payments. A presale contract is more likely to be rescinded if the property’s market price at settlement is lower than its …
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Defining Core Manufacturing Capabilities at Raytheon Missiles & Defense
… Utilization, and (F5) Scrap, Rework and Repair costs. Again, each of these metrics measured, scored based on a projection of each measure, and then combined via a weighted average into a single financial score. The author develops the approach by which each of these metrics can be measured, …
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Land use, spatial structure, and regional economic performance: assessing the economic effects of land use planning and regulation
… result in longer commuting distances, times, and costs as well as greater spatial mismatches. To examine the possible adverse effect of the regulation, this study analyzes how intraregional population-employment interaction varies by metropolitan areas having different degrees of land use …
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Essays on Firm Heterogeneity and Export: Productivity, Quality and Access to Finance
… where more productive firms have lower marginal costs and thus charge lower prices. The second chapter addresses this puzzle, further investigating the determinants of firms’ decision to export. To this end, I refer to the analytical framework that extends the standard firm heterogeneity model by …
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Essays on transport economics
… These investments (which can be thought of as sunk costs) signal long-term planning that might partly influence the patterns of freight movements to maintain their current trends. In the empirical portion of the essay, we explore a dynamic specification of the gravity equation with some …
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Evaluating Different Multi-Criteria Decision Methods for the Comparison and Investigation of Public Transport Projects
… papers have focused on comparing the capital costs and benefits of public transport investments and the results often exclude the effects of criteria that are not easily monetised. In South Africa, the Cost-Benefit Analysis (CBA) is often used to evaluate public transport projects, whereas, in …