Question: Irrational Escalation of Commitment Negotiators sometimes remain committed to a course of action even when that commitment constitutes irrational behavior on their part. Escalation of
Irrational Escalation of Commitment Negotiators sometimes remain committed to a course of action even when that commitment constitutes irrational behavior on their part. Escalation of commitment is due in part to biases in individual perception and judgment. Once a course of action is decided, negotiators often seek supportive (confirming) evidence for that choice while ignoring or failing to seek disconfirming evidence. Question: Give me a personal/real or hypothetical example of Irrational Escalation of Commitment biases in Negotiation
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