The Irrational Escalation of Commitment Bias Refers to

question 54

Multiple Choice

The irrational escalation of commitment bias refers to

• A) the standard against which subsequent adjustments are measured during negotiation.
• B) the perspective or point of view that people use when they gather information and solve problems.
• C) how easily information can be recalled and used to inform or evaluate a process of a decision.
• D) a negotiator's commitment to a course of action,even when that commitment constitutes irrational behavior on his/her part.
• E) None of the above refer to irrational escalation of commitment.

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Definitions:

Internal Organs

Vital parts within the body, such as the heart, lungs, and liver, that perform essential functions required for survival.

Serviceable Associated Habits

Habits that are beneficial or useful in performing daily activities or achieving long-term goals.

Darwin

Refers to Charles Darwin, a naturalist known for his theory of evolution through natural selection, which had a profound impact on the understanding of species development.

Learned Behaviors

Actions or reactions developed as a result of experience or conditioning rather than innate.