Which of the following occurs when decision makers adhere to a course of action after they know it is a mistake?
A) escalating commitment
B) rational ignorance
C) superrationality
D) satisficing

Question

Quizplus · Accepted Answer

This phenomenon is known as escalating commitment, where decision makers continue to invest resources in a failing course of action due to their reluctance to admit they made a mistake or to avoid the perception of failure.

Which of the Following Occurs When Decision Makers Adhere to a Course