How Do Prior Outcomes Affect Risk Attitude? Comparing Escalation of Commitment and the House-Money Effect.

Martin Weber Heiko Zuchel

Published in: Decis. Anal. (2005)

Keyphrases

risk management
prior knowledge
risk factors
high risk
real time
data sets
information systems
maximum a posteriori
attitudes toward
risk assessment
bayesian model
negative impact
perceived risk
minimum risk