In situations characterized by _____, individuals who make decisions that turn out to be poor choices tend to hold fast to those choices, even when substantial costs are incurred.
A)escalation of commitment
B)path dependency
C)group polarization
D)participative decision making

Question

Quizplus · Accepted Answer

Escalation of commitment refers to a pattern where individuals continue to invest in a decision despite new evidence suggesting that the decision was a mistake, often due to the desire to justify prior investments.

In Situations Characterized by _____, Individuals Who Make Decisions That