Which among the following is a psychological determinant of the escalation of commitment?
A) Information-processing errors
B) Peer pressure
C) A breakdown in communication
D) Delayed return on investment

Question

Quizplus · Accepted Answer

Information-processing errors are a psychological determinant of the escalation of commitment because they involve cognitive biases that affect how individuals perceive and evaluate information, leading to increased commitment to a failing course of action.

Which Among the Following Is a Psychological Determinant of the Escalation