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Escalation in Decision-Making

- Behavioural Economics in Business

About Escalation in Decision-Making

When a venture seems to be faltering, do you persist and hope that things will get better or do you cut your losses? This may be one of the most important decisions business or project owners may ever have to make. This title introduces the concept of entrapment, a variation whereby decision-makers passively drift towards insolvency.

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  • Language:
  • English
  • ISBN:
  • 9781409402367
  • Binding:
  • Hardback
  • Pages:
  • 180
  • Published:
  • April 27, 2011
  • Dimensions:
  • 171x250x22 mm.
  • Weight:
  • 570 g.
Delivery: 2-3 weeks
Expected delivery: June 25, 2025

Description of Escalation in Decision-Making

When a venture seems to be faltering, do you persist and hope that things will get better or do you cut your losses? This may be one of the most important decisions business or project owners may ever have to make. This title introduces the concept of entrapment, a variation whereby decision-makers passively drift towards insolvency.

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