Matches in SemOpenAlex for { <https://semopenalex.org/work/W2146343378> ?p ?o ?g. }
- W2146343378 abstract "The aim of this paper is to test the existence of the framing effect and sunk cost effect whilst examining the influence of cognitive factors. The approach to this research involved combing two frameworks, Prospect Theory and Image Theory, to analyse the outcomes of financial decision making from a survey of financial planners. The findings confirm the existence of the framing effect and a sunk cost effect. In particular the lowering of the amount of sunk cost produced a higher mean funding outcome than that attained in the positive frame. With regards to cognitive factors a significant correlation between perception of responsibility and the amount of funding granted was identified. This is consistent with the existence of escalation commitment behaviour, which is considered to be a manifestation of feelings of responsibility. The perception of the problem space produced an unexpected set of results. In particular both low image compatibility and high image compatibility were significant predictors of the level of funding granted." @default.
- W2146343378 created "2016-06-24" @default.
- W2146343378 creator A5076845521 @default.
- W2146343378 date "2010-01-12" @default.
- W2146343378 modified "2023-10-01" @default.
- W2146343378 title "Impact of Cognitive Biases on Decision Making by Financial Planners: Sunk Cost, Framing and Problem Space" @default.
- W2146343378 cites W1544127722 @default.
- W2146343378 cites W1596357498 @default.
- W2146343378 cites W1787891958 @default.
- W2146343378 cites W1832381054 @default.
- W2146343378 cites W1963847166 @default.
- W2146343378 cites W1965119719 @default.
- W2146343378 cites W1965761421 @default.
- W2146343378 cites W1965991535 @default.
- W2146343378 cites W1974512756 @default.
- W2146343378 cites W1980275718 @default.
- W2146343378 cites W1983332738 @default.
- W2146343378 cites W1986646649 @default.
- W2146343378 cites W1989693450 @default.
- W2146343378 cites W1990993922 @default.
- W2146343378 cites W1994621087 @default.
- W2146343378 cites W1998712070 @default.
- W2146343378 cites W2004603191 @default.
- W2146343378 cites W2005185576 @default.
- W2146343378 cites W2006397401 @default.
- W2146343378 cites W2006873532 @default.
- W2146343378 cites W2007361991 @default.
- W2146343378 cites W2015856032 @default.
- W2146343378 cites W2023678483 @default.
- W2146343378 cites W2040769147 @default.
- W2146343378 cites W2041386505 @default.
- W2146343378 cites W2060642394 @default.
- W2146343378 cites W2067508826 @default.
- W2146343378 cites W2074059641 @default.
- W2146343378 cites W2088822765 @default.
- W2146343378 cites W2096452841 @default.
- W2146343378 cites W2113383833 @default.
- W2146343378 cites W2124815848 @default.
- W2146343378 cites W2130173750 @default.
- W2146343378 cites W2133037631 @default.
- W2146343378 cites W2141576126 @default.
- W2146343378 cites W2145035509 @default.
- W2146343378 cites W2156094085 @default.
- W2146343378 cites W2171507395 @default.
- W2146343378 cites W2314814081 @default.
- W2146343378 cites W2318499061 @default.
- W2146343378 cites W2333196491 @default.
- W2146343378 cites W2795413297 @default.
- W2146343378 cites W2902294776 @default.
- W2146343378 cites W2955541030 @default.
- W2146343378 doi "https://doi.org/10.5539/ijef.v2n1p11" @default.
- W2146343378 hasPublicationYear "2010" @default.
- W2146343378 type Work @default.
- W2146343378 sameAs 2146343378 @default.
- W2146343378 citedByCount "6" @default.
- W2146343378 countsByYear W21463433782014 @default.
- W2146343378 countsByYear W21463433782015 @default.
- W2146343378 countsByYear W21463433782020 @default.
- W2146343378 countsByYear W21463433782021 @default.
- W2146343378 countsByYear W21463433782023 @default.
- W2146343378 crossrefType "journal-article" @default.
- W2146343378 hasAuthorship W2146343378A5076845521 @default.
- W2146343378 hasBestOaLocation W21463433781 @default.
- W2146343378 hasConcept C122980154 @default.
- W2146343378 hasConcept C127413603 @default.
- W2146343378 hasConcept C136714292 @default.
- W2146343378 hasConcept C15744967 @default.
- W2146343378 hasConcept C162324750 @default.
- W2146343378 hasConcept C169087156 @default.
- W2146343378 hasConcept C169760540 @default.
- W2146343378 hasConcept C169900460 @default.
- W2146343378 hasConcept C175444787 @default.
- W2146343378 hasConcept C189216375 @default.
- W2146343378 hasConcept C26760741 @default.
- W2146343378 hasConcept C2781310500 @default.
- W2146343378 hasConcept C339426 @default.
- W2146343378 hasConcept C66938386 @default.
- W2146343378 hasConcept C77805123 @default.
- W2146343378 hasConcept C79179835 @default.
- W2146343378 hasConceptScore W2146343378C122980154 @default.
- W2146343378 hasConceptScore W2146343378C127413603 @default.
- W2146343378 hasConceptScore W2146343378C136714292 @default.
- W2146343378 hasConceptScore W2146343378C15744967 @default.
- W2146343378 hasConceptScore W2146343378C162324750 @default.
- W2146343378 hasConceptScore W2146343378C169087156 @default.
- W2146343378 hasConceptScore W2146343378C169760540 @default.
- W2146343378 hasConceptScore W2146343378C169900460 @default.
- W2146343378 hasConceptScore W2146343378C175444787 @default.
- W2146343378 hasConceptScore W2146343378C189216375 @default.
- W2146343378 hasConceptScore W2146343378C26760741 @default.
- W2146343378 hasConceptScore W2146343378C2781310500 @default.
- W2146343378 hasConceptScore W2146343378C339426 @default.
- W2146343378 hasConceptScore W2146343378C66938386 @default.
- W2146343378 hasConceptScore W2146343378C77805123 @default.
- W2146343378 hasConceptScore W2146343378C79179835 @default.
- W2146343378 hasIssue "1" @default.
- W2146343378 hasLocation W21463433781 @default.
- W2146343378 hasLocation W21463433782 @default.
- W2146343378 hasOpenAccess W2146343378 @default.
- W2146343378 hasPrimaryLocation W21463433781 @default.