Pablo and His Managers Spent a Large Sum of Money

Multiple Choice

Pablo and his managers spent a large sum of money on the new training program, and they feel that there has been little improvement as a result of the investment. The training is scheduled to continue for two more months, and Pablo feels that the company has already spent too much money on the training to simply abandon it. Pablo is experiencing

A) blind bias.
B) a training trap.
C) confirmation bias.
D) sunk-cost bias.
E) a catch-22 effect.