Escalation of Commitment in Groups and the Moderating Effects of Information Framing
Robert W. Rutledge
(ROBERT W. RUTLEDGE is Assistant Professor of Accounting, School of Accounting, College of Business Administration, Florida International University, Fort Lauderdale, Florida.)
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Abstract
A manager who is responsible for making the initial decision to invest in a project will typically have a tendency to “over‐commit” additional resources to the project (Staw, 1976, 1981; Staw and Fox, 1977; Staw and Ross, 1978, 1980). This increased total investment can occur even when the project shows poor economic performance. The terms “escalation of commitment” or “escalation effects” are used to describe such investment tendencies.
Citation
Rutledge, R.W. (1994), "Escalation of Commitment in Groups and the Moderating Effects of Information Framing", Management Research News, Vol. 17 No. 1/2, pp. 12-24. https://doi.org/10.1108/eb028334
Publisher
:MCB UP Ltd
Copyright © 1994, MCB UP Limited