What decision-making concept is reflected in the popular adage, "If at first you don't succeed, try, try again?"
A) Intuition
B) Escalating commitment
C) Bounded rationality
D) Nonprogrammed decision making
E) Satisficing

Question

Quizplus · Accepted Answer

The adage "If at first you don't succeed, try, try again" reflects the concept of escalating commitment, which is the tendency to continue to invest in a decision despite evidence of its ineffectiveness, based on the hope or expectation of a positive outcome with more effort or resources.

What Decision-Making Concept Is Reflected in the Popular Adage, "If