Ketel, Nadine; Linde, Jona; Oosterbeek, Hessel; van der … - Institute for the Study of Labor (IZA) - 2014
This paper reports on a field experiment testing for sunk-cost effects in an education setting. Students signing up for extra-curricular tutorial sessions randomly received a discount on the tuition fee. The sunk-cost effect predicts that students who receive larger discounts will attend fewer...
