Talk:Escalation of commitment
|WikiProject Computer science||(Rated Start-class, Low-importance)|
|WikiProject Psychology||(Rated Start-class)|
I arrived at this topic in looking up the phrase "in for a penny, in for a pound." This is characterized only as an expression of the sunk-cost fallacy, but I think another interpretation of that phrase is overlooked - that if an initial (overcautious) investment was not sufficient to achieve a desired goal, those pursuing the goal might stop being overcautious and commit all necessary resources to attain the goal. There is no proof of the external assumption that the goal is unworthy or unattainable. — Preceding unsigned comment added by 188.8.131.52 (talk) 06:32, 24 March 2015 (UTC)
Why not call it the "Vietnam Complex"?
This is a bad example. Being pot committed is the result of applying correct odds to a situation based on probability of success. For example if there are 100 chips in the pot and the bet for 50 chips with no more chips to enter the pot, you must call 50 chips for a chance at 200. One only needs to win better than 25% of the time for the bet to be net positive, so a "bad call" ie: 2 undercards which is winning around 40% of the time would be a long term winning play, not an example of escalation of commitment. —Preceding unsigned comment added by 184.108.40.206 (talk) 03:11, 20 April 2010 (UTC)
What does this experiment have to do with escalation of commitment? It a classic on Obedience to Authority, but in this case, further electric discharges are triggered by the experimenter orders and not on the feedback by previous orders. Scarbrow (talk) 01:53, 9 June 2009 (UTC)
in human relations?
anything about this effect in human relations, e.g. love or friendship? i know it happens (made the mistake myself), but does any literature exist on the subject? 220.127.116.11 (talk) 00:15, 14 December 2011 (UTC)
Potential sources to add to references and update page:
-Bazerman, Max H., Guiliano, Toni, & Appelman, Alan. (1984). Escalation of commitment in individual and group decision making. Organizational Behavior and Human Performance, 33(2), 141-152.
-Brockner, Joel. (1992). The Escalation of Commitment to a Failing Course of Action: Toward Theoretical Progress. Acad Manage Rev, 17(1), 39-61.
-Dietz-Uhler, Beth. (1998). The escalation of commitment in political decision-making groups: a social identity approach. European Journal of Social Psychology, 26(4), 611-629.
-Drummond, Helga. (2014). Escalation of Commitment: When to Stay the Course? Acad Manade Perspect, 28(4), 430-446.
-Kiel, Mark, Tan, Bernard C. Y., Wei, Kwok-Kee, Saarinen, Timo, Tuunainen, Virpi, & Wassenaar, Arjen. (2000). A Cross-Cultural Study on Escalation of Commitment Behavior in Software Projects. MIS Quarterly, 24(4), 299-325.
-Dmitri G. Markovitch Dongling Huang Lois Peters B.V. Phani Deepu Philip William Tracy , (2014),"Escalation of commitment in entrepreneurship-minded groups", International Journal of Entrepreneurial Behavior & Research, Vol. 20 Iss 4 pp. 302 - 323
-Moon, Henry. (2001). The two faces of conscientiousness: Duty and achievement striving in escalation of commitment dilemmas. Journal of Applied Psychology, Vol 86(3), 533-540.
-Sleesman, D. J., Conlon, D. E., McNamara, G., & Miles, J. E. (2012). Cleaning up the big muddy: A meta-analytic review of the determinants of escalation of commitment. Academy of management Journal, 55(3), 541-562.
-Ming-Hong Tsai & Maia J. Young (2010) Anger, fear, and escalation of commitment, Cognition and Emotion, 24:6, 962-973, DOI: 10.1080/02699930903050631
-Whyte, Glen. (1986). Escalating Commitment to a Course of Action: A Reinterpretation. Acad Manage Rev, 11(2), 311-321.
-Wieber, Frank, Thurmer, J. Lukas, & Gollwitzer, Peter M. (2015). Attenuating the Escalation of Commitment to a Faltering Project in Decision-Making Groups. Social Psychological and Personality Science, 6(5), 587-595.
Introduction -Redo the first sentence that describes this phenomenon. Include more of an introduction to this definition. -Needs to be explained overall rather than in a financial and technical manner.
Psychological and Sociological - new section of contents (or expand Four Main Determinants so each has its own section) -Detail the phenomenon as it can occur in this setting
Four Main Determinants -Points need to explained and proven from resource -Points explained in more detail
Escalation in Groups vs Individuals -Describe how the term applies to group decisions and actions rather than just for a single person
Examples -Needs to be more descriptive examples. Make it tell a story rather than facts. -Include non-financial examples
Not part of computer science project
The template says this article is part of the computer science project, but the topic actually has nothing to do with computer science. It is a psychology topic. I added the Wikiproject psychology template, but didn't remove the computer science one. Robertekraut (talk) 02:11, 12 October 2015 (UTC)