Social Loafing
Cognitive Dissonance
Self-Discrepancy Theory
Self-Regulation
The Anchoring-and-Adjustment Heuristic
Social Exchange Theory
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Updated: May 15, 2026

The Joint Effect of Social Comparison and Social Distance on Evaluation of Intertemporal Choice Outcomes in Event-related Potential Studies
Published on: August 25, 2023
Paula Magalhães1, K Geoffrey White
1Department of Psychology, University of Otago, New Zealand. pmagalhaes@psy.otago.ac.nz
Pigeons exhibit the sunk cost effect, persisting with a task after an initial investment even when a better option is available. This irrational behavior, similar to humans, is amplified by a general work ethic effect.
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