Persistence of irrational decision making in business firms
To continue with a project, which is failing in an escalating manner, are an economically irrational decision, but one, which contains psychological motivations. The decision-makers display some difficulty in failing to consider the costs arising from the past and keep investing new resources. This...
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| Format: | workingPaper |
| Language: | eng |
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2022
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| Online Access: | http://hdl.handle.net/10400.5/23638 |
| Country: | Portugal |
| Oai: | oai:www.repository.utl.pt:10400.5/23638 |