________ refers to staying with a decision even when there is clear evidence it's wrong.
A) Escalation of commitment
B) Hindsight bias
C) Satisficing
D) Selective perception
E) Availability bias

Question

Quizplus · Accepted Answer

Escalation of commitment refers to the tendency to continue investing in a decision or project even when it's clear that it's not working. This is often fueled by emotional attachment, sunk costs, and the belief that persistence will eventually pay off. Other biases such as hindsight bias, satisficing, selective perception, and availability bias may contribute to decision-making, but they do not necessarily involve a persistent commitment to a failing course of action.

________ Refers to Staying with a Decision Even When There