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bill.giltner@gmail.com has sent this item to you, with the following personal message:
Let's see, boys and girls, can anyone cite an example of this happenning .... perhaps in govt.?
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By Fred Tung on Management This month's management reading from the Economist includes blurbs on managers' escalation bias and Gary Becker's latest views on organ markets (the live kind). Escalation bias refers to the social psychological phenomenon whereby a decision maker, once committed to an idea or course of action, will persist with it even in the face of information that tends to call into question the wisdom of the prior decision. Check it out. | | | |
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