Sticking to a decision despite evidence that it is a mistake is called _________.
A)confirmation bias
B)overconfidence bias
C)error enhancement
D)escalation commitment

Question

Quizplus · Accepted Answer

Sticking to a decision despite evidence that it is a mistake is known as escalation commitment, which refers to continuing to invest resources or effort in a failing course of action. This can happen due to factors such as the desire to avoid admitting failure, the belief that the situation will improve, or feeling committed to a particular course of action. Confirmation bias, overconfidence bias, and error enhancement are related but different psychological concepts.

Sticking to a Decision Despite Evidence That It Is a Mistake