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ESCALATION ERRORS AND THE SUNK COST EFFECT - AN EXPLANATION BASED ON REPUTATION AND INFORMATION ASYMMETRIES

C Kanodia, R Bushman and John Dickhaut

Journal of Accounting Research, 1989, vol. 27, issue 1, 59-77

Keywords: Information asymmetry; Reputation; Sunk costs; Escalation errors (search for similar items in EconPapers)
JEL-codes: D82 D83 M40 (search for similar items in EconPapers)
Date: 1989
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Citations: View citations in EconPapers (77)

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DOI: 10.2307/2491207

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Journal of Accounting Research is currently edited by Philip G. Berger, Luzi Hail, Christian Leuz, Haresh Sapra, Douglas J. Skinner, Rodrigo Verdi and Regina Wittenberg Moerman

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