The expression "throwing good money after bad" is an example of an escalation of commitment.

Question

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"Throwing good money after bad" means continuing to invest resources in a failing project or venture in the hope that the previously invested resources will eventually pay off. This is a classic example of an escalation of commitment, where individuals or groups dig in deeper to a failing plan or strategy despite evidence that it is not working.

The Expression "Throwing Good Money After Bad" Is an Example