Impact of cost-benefit knowledge and product type on inaction inertia

The purpose of this study is to better understand the phenomenon of inaction inertia, the unwillingness to take up an offer after missing a previous greater offer. We investigated whether inaction inertia was influenced by product type and level of cost-benefit knowledge.

Saved in:
Bibliographic Details
Main Authors: Tan, Eng Keat, Tam, Yoon Hui, Vishnu Varathan
Other Authors: Tan, Hun Tong
Format: Final Year Project
Published: 2008
Subjects:
Online Access:http://hdl.handle.net/10356/8453
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Nanyang Technological University
Description
Summary:The purpose of this study is to better understand the phenomenon of inaction inertia, the unwillingness to take up an offer after missing a previous greater offer. We investigated whether inaction inertia was influenced by product type and level of cost-benefit knowledge.