Essays about: "Dennis Gnutek"
Found 1 essay containing the words Dennis Gnutek.
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1. Behavioral biases in capital budgeting: An experimental study of the effects on escalation of commitment given different capital budgeting methods
University essay from Göteborgs universitet/Graduate SchoolAbstract : This study examines if decision makers using less sophisticated capital budgeting methods, such as Net present value and Payback, display a higher level of escalation of commitment to a failing project, compared to decision makers using more sophisticated capital budgeting methods, such as Real options. Past studies advocates superiority in decision-making when incorporating more sophisticated models into a company’s capital budgeting. READ MORE
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