The irrational escalation of commitment bias refers to
A) the standard against which subsequent adjustments are measured during negotiation.
B) the perspective or point of view that people use when they gather information and solve problems.
C) how easily information can be recalled and used to inform or evaluate a process of a decision.
D) a negotiator's commitment to a course of action, even when that commitment constitutes irrational behaviour on his/her part.
E) None of the answers are correct.
Correct Answer:
Verified
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