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摘要
When an important venture seems to unravel, decision makers may face a dilemma. Do they persist and risk becoming caught up in a spiral of escalating commitment, or "apply the brakes" when they may be within an ace of success? Escalation of commitment is thought to be a ubiquitous and costly mistake. Yet sometimes organizations should "press on the accelerator" and stay the course despite adversity. This paper explores what might drive organizations to erroneously abandon a potentially successful venture.
- 出版日期2014-11
