Escalation of commitment

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=2AmwgBbp9jo

If you find our videos helpful you can support us by buying something from amazon. • https://www.amazon.com/?tag=wiki-audi... • Escalation of commitment • Escalation of commitment refers to a pattern of behavior in which an individual or group will continue to rationalize their decisions, actions, and investments when faced with increasingly negative outcomes rather than alter their course.The related term sunk cost fallacy has been used by economists and behavioral scientists to describe the phenomenon where people justify increased investment of money, time, lives, etc. • -Video is targeted to blind users • Attribution: • Article text available under CC-BY-SA • image source in video • • • Escalation of commitment

#############################

New on site