Comments on 'An Experimental Investigation of Explanations for Outcome Effects on Appraisals of Capital Budgeting Decisions'
Contemporary Accounting Research; Fall1993, Vol. 10 Issue 1, p. 113
Posted: 2 Jul 2013
Date Written: June 1, 1992
This article presents comments on an article by Clifton E. Brown and Ira Solomon titled "An Experimental Investigation of Explanations for Outcome Effects on Appraisals of Capital-Budgeting Decisions." They tested various explanations for outcome effects such as cognitive reconstruction, self-enhancing motives, and escalation of commitment. The author praises their attempt but has concerns relative to the relevance of the research, the design of the experiment and the lack of consideration for moral hazard and social structure.
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