Multiple Choice
Ted decided to discontinue a product line a year ago; since then,it is clear this was the wrong decision.Nevertheless,Ted insists that he will be proven correct in time and he has no plans to change his mind.This is an example of
A) delusional behaviour.
B) escalation of commitment.
C) randomness error.
D) winner's curse.
E) hindsight bias.
Correct Answer:
Verified
Correct Answer:
Verified
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