Examples Of Escalation Of Commitment

Escalation Of Commitment Escalation of commitment means to continuously make the same rational decision evenifithas negative outcomes rather than changing the course of again to have positive outcomes. The psychology behind it says that we as humans tend to have it trouble cutting lose or walk awayfromnegativedecision.Escalationofcommitmentissomethingthatwehaveaexperienced even if we were unaware of it, for example you have probably been to a restaurant where you waited far too long for your food but instead of leaving after waiting to long for your food you stay because you probably thought“mightaswellstay”nowthatyouhavestayedthislong.That …show more content…
It is also about pride and reputation. When we first make a decisionwebecome biased to that decision which means you're not inaneutralpositiontojudgethecourseofaction whether good or bad. To sum it upsocialpressureisoneofthefactorsthatleadstoescalationof commitment. Escalation of commitment is essential what you call a dilemma.Itquestionisalwayswhetherto stick with it or move onanddecisionthathavehadapositiveoutcomeactuallycontributetothat difficulty. This happens everywhere not just in our personal lives but also in corporations and organisations thatarefacedwiththedilemmaandhaveadifficulttimemakingawisedecisionof whether it is smart to continue with the decision or cut