LEADER 03308nam 2200661 a 450 001 9910460342303321 005 20200520144314.0 010 $a1-317-14170-9 010 $a1-317-14169-5 010 $a1-283-04756-X 010 $a9786613047564 010 $a1-4094-0237-1 035 $a(CKB)2670000000081301 035 $a(EBL)674520 035 $a(OCoLC)713010117 035 $a(SSID)ssj0000484190 035 $a(PQKBManifestationID)12147720 035 $a(PQKBTitleCode)TC0000484190 035 $a(PQKBWorkID)10574380 035 $a(PQKB)10988523 035 $a(MiAaPQ)EBC674520 035 $a(MiAaPQ)EBC5293700 035 $a(Au-PeEL)EBL674520 035 $a(CaPaEBR)ebr10456129 035 $a(CaONFJC)MIL922547 035 $a(Au-PeEL)EBL5293700 035 $a(CaONFJC)MIL304756 035 $a(EXLCZ)992670000000081301 100 $a20101118d2011 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aEscalation in decision-making$b[electronic resource] $ebehavioural economics in business /$fHelga Drummond, Julia Hodgson 210 $aFarnham ;$aBurlington, Vt. $cGower$dc2011 215 $a1 online resource (180 p.) 300 $aDescription based upon print version of record. 311 $a1-4094-0236-3 320 $aIncludes bibliographical references and index. 327 $aCONTENTS; List of Tables; Acknowledgement; About the Authors; Introduction; A Note on Method; Chapter 1 If at First You Don't Succeed - Then What? Introduction to Escalation Theory; Chapter 2 Shutters Up: A Walk Round the Market; Chapter 3 'Maybe We Can Make A Go Of It': How Does Escalation Start?; Chapter 4 Missing the Boat or Sinking the Boat? The Realities of Escalation; Chapter 5 'You Think It's Going to Turn Round': Escalation; Chapter 6 Five Past Midnight: Introduction to Entrapment Theory; Chapter 7 Entrapment in Practice; Chapter 8 'I'm Getting Out': Escalation and Entrapment Avoided 327 $aChapter 9 Escalation and Entrapment Theories RevisitedChapter 10 Beyond Magic Thinking: Making Better Decisions - 10 Lessons For Practice; Epilogue; Appendix; References; Index 330 $aWhen a venture seems to be faltering, do you persist and hope that things will get better or do you cut your losses? Rich in case studies involving real business decisions and dilemmas, Escalation in Decision-Making reveals why social scientists believe that owners may not respond rationally to such predicaments. Instead of exiting when the odds are clearly stacked against them, they re-invest and end up compounding their losses - a phenomenon known as escalation of commitment. Escalation in Decision Making is widely relevant to practitioners such as project managers in large organizations and 606 $aDecision making 606 $aEconomics$xPsychological aspects 608 $aElectronic books. 615 0$aDecision making. 615 0$aEconomics$xPsychological aspects. 676 $a658.4/03 700 $aDrummond$b Helga$0900172 701 $aHodgson$b Julia$f1965-$0900173 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910460342303321 996 $aEscalation in decision-making$92011042 997 $aUNINA