A Meta-Analysis Comparing the Sunk Cost Effect for IT and Non-IT Projects

meta-analysis
Authors

Wang, Jijie

Keil, Mark

Published

January 1, 2007

Doi

https://doi.org/10.4018/IRMJ.2007070101

Citation: BibTeX

@article{Wang2007a,
  doi        = {10.4018/IRMJ.2007070101},
  author     = {Wang, Jijie and Keil, Mark},
  journal    = {Information Resources Management Journal},
  title      = {A Meta-Analysis Comparing the Sunk Cost Effect for IT and Non-IT Projects},
  year       = {2007},
  volume     = {20},
  number     = {3},
  pages      = {1--18},
  abstract   = {Escalation is a serious management problem, and sunk costs are believed to be a key factor in promoting escalation behavior. While many laboratory experiments have been conducted to examine the effect of sunk costs on escalation, there has been no effort to examine these studies as a group in order to determine the effect size associated with the so-called “sunk cost effect.” Using meta-analysis, we analyzed the results of 20 sunk cost experiments and found: (1) a large effect size associated with sunk costs, and (2) stronger effects in experiments involving information technology (IT) projects as opposed to non-IT projects. Implications of the results and future research directions are discussed.}
}

Citation: RIS

TY  - JOUR
AU  - Wang, Jijie
AU  - Keil, Mark
TI  - A Meta-Analysis Comparing the Sunk Cost Effect for IT and Non-IT Projects
T2  - Information Resources Management Journal
PY  - 2007
VL  - 20
IS  - 3
SP  - 1
EP  - 18
DO  - 10.4018/IRMJ.2007070101
ER  -