The Ratchet Effect: Theory and Empirical Evidence. Matejka, M., Mahlendorf, M. D., & Schäffer, U. Manag. Sci., 70(1):128–142, 2024.
The Ratchet Effect: Theory and Empirical Evidence [link]Paper  doi  bibtex   
@article{DBLP:journals/mansci/MatejkaMS24,
  author       = {Michal Matejka and
                  Matthias D. Mahlendorf and
                  Utz Sch{\"{a}}ffer},
  title        = {The Ratchet Effect: Theory and Empirical Evidence},
  journal      = {Manag. Sci.},
  volume       = {70},
  number       = {1},
  pages        = {128--142},
  year         = {2024},
  url          = {https://doi.org/10.1287/mnsc.2022.4641},
  doi          = {10.1287/MNSC.2022.4641},
  timestamp    = {Thu, 04 Jul 2024 01:00:00 +0200},
  biburl       = {https://dblp.org/rec/journals/mansci/MatejkaMS24.bib},
  bibsource    = {dblp computer science bibliography, https://dblp.org}
}

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