The impact of sunk costs & performance evaluation on capital budgeting decisions
This study examined two particular aspects of capital budgeting that will influence decision making. In the first three experiments, we study the factors that may reduce the sunk cost fallacy in relevant costing, namely, management accounting knowledge and the presence of a budget.
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| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project |
| Language: | English |
| Published: |
2014
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/59772 |
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| Institution: | Nanyang Technological University |
| Language: | English |
| Summary: | This study examined two particular aspects of capital budgeting that will influence decision making. In the first three experiments, we study the factors that may reduce the sunk cost fallacy in relevant costing, namely, management accounting knowledge and the presence of a budget. |
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