Escalation of commitment

Rarity: Common

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At a glance

Class

Notion

Domain

Science and technology

In collections

Nobody has pulled it yet.

What Wikipedia says

Escalation of commitment is a pattern of decision-making in which individuals or groups continue to invest in a chosen course of action despite mounting evidence that the decision is wrong or that the project is unlikely to succeed.

Excerpt from the Wikipedia article “Escalation of commitment”, under the CC BY-SA 4.0 license. Read the article on Wikipedia