escalation of commitment

1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Aug 19, 2021 by Adam Grant · across every show →

Everything said about escalation of commitment, oldest first

Aug 19, 2021
Insight
Grant: Sunk-cost traps stem from ego rather than economics
“We think it's about some costs, but the most powerful drivers are not economic. They're emotional. It's ego and image. I don't want to look like a bad decision maker. I don't want to see a bad decision maker in the mirror.”
Adam Grant Aug 19, 2021 ▶ 15:38 Live From The HIBT Summit: Adam Grant
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