# The Ratchet Effect: Theory and Empirical Evidence

> Research article (Management Science, 2022) · cited 24× · AI/ML

**Wikidata**: [openalex:W4311730328](https://www.wikidata.org/wiki/openalex:W4311730328)  
**Source**: https://4ort.xyz/entity/the-ratchet-effect-theory-and-empirical-evidence