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Escalating Commitment: Business Investments And Csr, Victoria Forrest, John Hasseldine Ph.D
Escalating Commitment: Business Investments And Csr, Victoria Forrest, John Hasseldine Ph.D
Honors Theses and Capstones
There are many instances, in all areas of business, in which individuals can become committed to a course of action that begins costing more than it is producing. Because it is often possible for persons who have suffered a setback to recoup their losses through an even greater commitment of resources to the same course of action, a cycle of escalating commitment can be produced (Staw, 1981). This thesis serves to address prior literature and prior studies based on the theory of escalation behavior . We furthered our research by conducting an experiment using university students to test certain said …