The 4 Main Determinants in Escalation of Commitment
What are the main drivers of this tendency to invest in losing propositions?
- Social (peer pressure)
- Psychological (gambling)
- Project (past commitments)
- Structural (cultural and environmental factors)
Read more about this topic: Escalation Of Commitment
Famous quotes containing the words main and/or commitment:
“One of the main things that interfere with our joy is the belief that if we try hard enough, read the right books, follow the right advice, and buy the right things, we could be perfect parents. If we are good enough as parents, our children will be perfect too.... Unfortunately, what comes from trying to live out this philosophy is not perfect children but worried parents.”
—Lawrence Kutner (20th century)
“A two-parent family based on love and commitment can be a wonderful thing, but historically speaking the “two-parent paradigm” has left an extraordinary amount of room for economic inequality, violence and male dominance.”
—Stephanie Coontz (20th century)