Question: Escalation of commitment illustrates how decision makers often ignore sunk costs. only occurs when the decision maker is responsible for beginning a course of action.

Escalation of commitment
illustrates how decision makers often ignore sunk costs.
only occurs when the decision maker is responsible for beginning a course of action.
involves committing more and more resources to a failing course of action.
is the most common outcome of information overload.
runs counter to the general tendency for decision makers to try to justify their actions.
Escalation of commitment illustrates how decision makers often ignore sunk costs.

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