On the role of sunk costs and asset specificity in outsourcing decisions: a research note

Anderson, J., & Weitz, B. A. (1986). Make-or-buy decisions: vertical integration and marketing productivity, Sloan Management Review, Spring, 3–19. Arkes, 1985, The psychology of sunk cost, Organizational Behavior and Human Decision Processes, 35, 124, 10.1016/0749-5978(85)90049-4 Bazerman, 1982, Performance evaluation in a dynamic context: a laboratory study of the impact of a prior commitment to the ratee, Journal of Applied Psychology, 67, 873, 10.1037/0021-9010.67.6.873 Bazerman, 1984, Escalation of commitment in individual decision making, Organizational Behavior and Human Performance, 33, 141, 10.1016/0030-5073(84)90017-5 Brockner, 1992, The escalation of commitment to a failing course of action: toward theoretical progress, Academy of Management Review, 17, 39, 10.5465/amr.1992.4279568 Brockner, 1981, Face-saving and entrapment, Journal of Experimental Social Psychology, 17, 68, 10.1016/0022-1031(81)90007-X Chalos, P. (1995). Costing, control, and strategic analysis in outsourcing decisions. Journal of Cost Management. Winter, 31–37. Chenhall, 1991, The effect of cognitive style and sponsorship bias on the treatment of opportunity costs in resource allocation decisions, Accounting, Organizations and Society, 16, 27, 10.1016/0361-3682(91)90031-9 Drtina, R. E. (1994). The outsourcing decision. Management Accounting (USA), March, 56-62. Drummond, 1994, Escalation in organizational decision making: a case of recruiting an incompetent employee, Journal of Behavioral Decision Making, 7, 43, 10.1002/bdm.3960070104 Fox, 1979, The trapped administrator: effects of insecurity and policy resistance upon commitment to a course of action, Administrative Science Quarterly, 24, 449, 10.2307/2989922 Garland, 1991, Effects of absolute and relative sunk costs on the decision to persist with a course of action, Organizational Behavior and Human Decision Processes, 48, 55, 10.1016/0749-5978(91)90005-E Ghosh, D. (1995). Throwing good money after bad: what management accountants can do about it. Management Accounting, July, 51–54. Harrell, 1994, An incentive to shirk, privately held information, and managers project evaluation decisions, Accounting, Organizations and Society, 19, 569, 10.1016/0361-3682(94)90024-8 Harrison, 1993, The impact of adverse selection on managers' project evaluation decisions, Academy of Management Journal, 36, 635, 10.2307/256596 Kanodia, 1989, Escalation errors and the sunk cost effect: an explanation based on reputation and information asymmetries, Journal of Accounting Research, 27, 59, 10.2307/2491207 Lacity, M. C., Willcocks, L. P., & Feeny, D. F. (1996). The value of selective IT outsourcing. Sloan Management Review, Spring, 13–25. Lieberman, 1991, Determinants of vertical integration: an empirical test, Journal of Industrial Economics, 39, 451, 10.2307/2098455 Lyons, 1995, Specific investment, economies of scale, and the make-or-buy decision: a test of transaction cost theory, Journal of Economic Behavior and Organization, 26, 431, 10.1016/0167-2681(94)00070-U Northcraft, 1984, Dollars, sense, and sunk costs: a life cycle model of resource allocation decisions, Academy of Management Review, 9, 225, 10.5465/amr.1984.4277636 Shank, 1992, Strategic cost management: the value chain perspective, Journal of Management Accounting Research, 4, 179 Staw, 1976, Knee-deep in the big muddy: a study of escalating commitment to a chosen course of action, Academy of Management Review, 16, 27 Staw, 1981, The escalation of commitment to a course of action, Academy of Management Review, 6, 40, 10.5465/amr.1981.4285694 Staw, 1978, Commitment to a policy decision: a multi-theoretical perspective, Administrative Science Quarterly, 23, 40, 10.2307/2392433 Whyte, 1994, The role of asset specificity in the vertical integration decision, Journal of Economic Behavior and Organization, 23, 287, 10.1016/0167-2681(94)90003-5 Williamson, O. E. (1989). Transaction cost economics. In R. Schmalensee and R. D. Willig (Eds.), Handbook of industrial organization (Vol. 1), Amsterdam: Elsevier. 136–181.