Question: (a) Select either prospect theory or escalation of commitment. (b) Where have you experienced this in your personal (individual) decision making? Explain the situation in

(a) Select either prospect theory or escalation of commitment. (b) Where have you experienced this in your personal (individual) decision making? Explain the situation in detail. (c) Explain why this is an example of either prospect theory or escalation of commitment. Be sure to quote the book.

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