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 called escalation commitment. This refers to a psychological phenomenon where individuals continue to invest time, money, or resources into a failing decision, hoping that it will improve in the future despite evidence to the contrary. This can lead to further losses or negative outcomes.

Sticking to a Decision Despite Evidence That It Is a Mistake