https://github.com/scowluga/sunkcost-statisticalstudy

Study on the effects of the sunk cost fallacy: monetary investment
https://github.com/scowluga/sunkcost-statisticalstudy

Last synced: 30 days ago
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Study on the effects of the sunk cost fallacy: monetary investment

• Host: GitHub
• URL: https://github.com/scowluga/sunkcost-statisticalstudy
• Owner: Scowluga
• Created: 2016-12-26T03:42:42.000Z (about 8 years ago)
• Default Branch: master
• Last Pushed: 2017-01-05T04:30:06.000Z (almost 8 years ago)
• Last Synced: 2024-11-29T23:44:05.803Z (about 1 month ago)
• Language: JavaScript
• Homepage: https://scowluga.github.io/SunkCost-StatisticalStudy/website/
• Size: 26.4 KB
• Stars: 0
• Watchers: 2
• Forks: 0
• Open Issues: 0
• Metadata Files:
  • Readme: README.md

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README

        
The Sunk Cost Fallacy - Statistical Study 

Introduction

Sunk cost fallacy is an error in reasoning in which one chooses to pursue the more detrimental option or complete activities that don’t meet their expectations due to the fact that they’ve invested time or money into that option.

Hypothesis: As the amount of monetary investment increases, so does the number of rounds of the game played.

Study

Data will be collected from this short interactive survey: a website followed by a prepopulated Google form. 

The data will then be analyzed using a variety of techniques, through R Studio. 

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