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Sunk Cost Bias and Withdrawal Aversion.

Authors :
Turpin, Martin H.
Meyers, Ethan A.
Fugelsang, Jonathan A.
Friedman, Ori
Białek, Michał
Source :
American Journal of Bioethics. Mar2019, Vol. 19 Issue 3, p57-59. 3p.
Publication Year :
2019

Abstract

The article discusses a problem that the health professionals do not withdraw treatment from a patient, even though they would withhold that treatment from a new patient with same current symptoms. Topics discussed include comparison of withdrawal aversion with sunk cost bias; freeing the decision maker from consequences; and decision to withdraw treatment that should be taken by health professional.

Details

Language :
English
ISSN :
15265161
Volume :
19
Issue :
3
Database :
Academic Search Index
Journal :
American Journal of Bioethics
Publication Type :
Academic Journal
Accession number :
135827069
Full Text :
https://doi.org/10.1080/15265161.2018.1563653