Tips on how to avoid the escalation of commitment trap in decision making include all of the following EXCEPT:
A) determining why the particular course of action is right.
B) setting advance limits on involvement.
C) not letting others influence your decision.
D) guarding yourself against the tendency to quit too soon.
E) keeping in mind the costs involved.

Question

Quizplus · Accepted Answer

The escalation of commitment trap involves sticking with a decision or course of action even when it's no longer viable, often due to the sunk cost fallacy or other biases. Guarding against quitting too soon is not a way to avoid this trap; rather, it could potentially reinforce the trap by encouraging further commitment to a failing course of action. The other options (A, B, C, E) are strategies to prevent overcommitment by evaluating the decision's validity, setting limits, avoiding undue influence, and considering costs.

Tips on How to Avoid the Escalation of Commitment Trap