Literature DB >> 22108673

Providing a reinforcement history that reduces the sunk cost effect.

Anne C Macaskill1, Timothy D Hackenberg.   

Abstract

The sunk cost error occurs when individuals persist with a non-optimal course of action because they have already invested time or resources in it. The current study examined the effect of specific experiences on the likelihood of the sunk cost error. Six pigeons were given repeated choices between persisting with and escaping from relatively large fixed ratios. In most conditions escaping was the choice pattern producing the smallest mean response requirement. In Experiment 1, four of six pigeons persisted, committing the sunk cost error. Some subjects continued to persist even when persistence increased the mean number of responses to reinforcement by 99. In Experiment 2, the absolute difference between the mean numbers of responses to reinforcement for persistence and escape was increased even further for these subjects, and the relative cost of persistence was increased. Once escape had been established, pigeons were less likely to commit the sunk cost error in some conditions where they had previously made the error frequently. Together, the results of both experiments show changes in the frequency of the sunk cost error caused by specific experiences, and that persistence is likely more sensitive to its relative than absolute costs. Copyright Â
© 2011 Elsevier B.V. All rights reserved.

Mesh:

Year:  2011        PMID: 22108673     DOI: 10.1016/j.beproc.2011.11.001

Source DB:  PubMed          Journal:  Behav Processes        ISSN: 0376-6357            Impact factor:   1.777


  4 in total

1.  The sunk cost effect with pigeons: some determinants of decisions about persistence.

Authors:  Anne C Macaskill; Timothy D Hackenberg
Journal:  J Exp Anal Behav       Date:  2012-01       Impact factor: 2.468

2.  Varying the costs of sunk costs: optimal and non-optimal choices in a sunk-cost task with humans.

Authors:  Raul Avila; Rachelle L Yankelevitz; Juan C Gonzalez; Timothy D Hackenberg
Journal:  J Exp Anal Behav       Date:  2013-08-23       Impact factor: 2.468

3.  Experience that Much Work Produces Many Reinforcers Makes the Sunk Cost Fallacy in Pigeons: A Preliminary Test.

Authors:  Shun Fujimaki; Takayuki Sakagami
Journal:  Front Psychol       Date:  2016-03-16

4.  Capuchin and rhesus monkeys show sunk cost effects in a psychomotor task.

Authors:  Julia Watzek; Sarah F Brosnan
Journal:  Sci Rep       Date:  2020-11-23       Impact factor: 4.379

  4 in total

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