Question: When Sebastian wrote the contract with BP for over two billion dollars, he included targets for performance that had to be met before a payment

When Sebastian wrote the contract with BP for over two billion dollars, he included targets for performance that had to be met before a payment would be released.

Sebastian was trying to avoid

bias.

overconfidence

hindsight

framing

escalation of commitment

sunk

-

cost

When Sebastian wrote the contract with BP for over two billion

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