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- Title
The Escalation Phenomenon Reconsidered: Decision Dilemmas or Decision Errors?
- Authors
Bowen, Michael G.
- Abstract
Previous studies and theoretical work suggest that the "escalation phenomenon represents a syndrome of decision errors which tend to lock decision makers into a course of action. This paper develops an alternative model which implies that earlier studies may have observed decisions to recommit resources resulting from difficult dilemmas rather than a behavioral tendency to "throw good money after bad.
- Subjects
DECISION making; ERRORS; ORGANIZATIONAL sociology; ORGANIZATIONAL behavior; MANAGEMENT; BEHAVIORAL research; ORGANIZATIONAL commitment; MANAGEMENT literature; CORPORATE culture; PSYCHOLOGICAL feedback
- Publication
Academy of Management Review, 1987, Vol 12, Issue 1, p52
- ISSN
0363-7425
- Publication type
Article
- DOI
10.5465/AMR.1987.4306470