Opportunity cost.
By Daniel Arendt, Jaclyn A. Boyle. 2021
123 citations recorded by the source corpus.
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Subfields: Emergency Medicine, General Health Professions, Public Health, Environmental and Occupational Health, Economics & Operations Research
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Citations in the corpus
- Guiding the Release of Safer E2E Conversational AI through Value Sensitive Design (2022, neutral): “Thus, opportunity costs (Palmer and Raftery, 1999) need to be considered along with absolute costs.”
- Creating shared value: A systematic review, synthesis and integrative perspective (2021, unknown): “Opportunity cost is defined as ‘the evaluation placed on themost highly valued of the rejected alternatives or opportunities [and indicates] the value of “that which might be” if choices weremade differently’ (Buchanan, 2008, p. 1).”
- ‘Fear of Missing Out’ (FOMO) marketing appeals: A conceptual model (2019, background): “This is described by Buchanan (2008) as the evaluation placed on the most highly valued of the rejected alternatives or opportunities. Prior research suggests that individuals often neglect their opportunity costs (Becker, Ronen, and sorter 1974; Jones et al. 1998), which are only considered ‘when t”