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Social Science Clinic => Business => Management => Topic started by: BrownTown3 on Oct 23, 2019

Title: Arthur authorizes the expenditure of an additional $100,000 for the production of a new product ...
Post by: BrownTown3 on Oct 23, 2019: Arthur authorizes the expenditure of an additional $100,000 for the production of a new product despite mounting concerns that it will be unprofitable. The cost of the new product has already increased far beyond the initial plans and projections. Arthur's continuing support for this project illustrates the phenomenon of ________.
◦ intuition
◦ overconfidence bias
◦ hindsight bias
◦ escalation of commitment
◦ confirmation bias
Title: Arthur authorizes the expenditure of an additional $100,000 for the production of a new product ...
Post by: srodz on Oct 23, 2019: escalation of commitment
Title: Re: Arthur authorizes the expenditure of an additional $100,000 for the production of a new product
Post by: katie hamilton on Apr 16, 2020: Thank you!
Title: Re: Arthur authorizes the expenditure of an additional $100,000 for the production of a new product
Post by: Sara Shang on Jul 2, 2020: thank you
Title: Re: Arthur authorizes the expenditure of an additional $100,000 for the production of a new product
Post by: Vikrant Choudhary on Jul 3, 2020: Thank you
Title: Re: Arthur authorizes the expenditure of an additional $100,000 for the production of a new product
Post by: Lin Diego on Jul 29, 2020: Thank you！
Title: Re: Arthur authorizes the expenditure of an additional $100,000 for the production of a new product
Post by: Yasemin Eroltu on Jul 29, 2020: thank you
Title: Re: Arthur authorizes the expenditure of an additional $100,000 for the production of a new product
Post by: Manraj singh Gill on Oct 15, 2020: Thankyou
Title: Re: Arthur authorizes the expenditure of an additional $100,000 for the production of a new product
Post by: Harsh Patel on Oct 22, 2020: Thank you
Title: Re: Arthur authorizes the expenditure of an additional $100,000 for the production of a new product
Post by: Gaocheng Shu on Dec 17, 2020: thank you
Title: Re: Arthur authorizes the expenditure of an additional $100,000 for the production of a new product
Post by: Nice Clicks Creations on Feb 9, 2021: Thanks
Title: Re: Arthur authorizes the expenditure of an additional $100,000 for the production of a new product
Post by: Lucky johari Dela cruz on Apr 19, 2021: Thank you
Title: Re: Arthur authorizes the expenditure of an additional $100,000 for the production of a new product
Post by: If Cry on Jun 30, 2021: thank you
Title: Re: Arthur authorizes the expenditure of an additional $100,000 for the production of a new product
Post by: yichen li on Jul 28, 2021: thank you
Title: Re: Arthur authorizes the expenditure of an additional $100,000 for the production of a new product
Post by: Mihir Gala on Oct 18, 2021: Thank you
Title: Re: Arthur authorizes the expenditure of an additional $100,000 for the production of a new product
Post by: Omid Mehrpoor on Oct 18, 2021: Thank you
Title: Re: Arthur authorizes the expenditure of an additional $100,000 for the production of a new product
Post by: Ankit Arora on Oct 3, 2022: Thank you
Title: Re: Arthur authorizes the expenditure of an additional $100,000 for the production of a new product
Post by: Spike on Oct 4, 2023: Thank you