May 12, 2006
More Management Reading
Posted by Fred Tung

This month's management reading from the Economist includes blurbs on managers' escalation bias and Gary Becker's latest views on organ markets (the live kind).   Escalation bias refers to the social psychological phenomenon whereby a decision maker, once committed to an idea or course of action, will persist with it even in the face of information that tends to call into question the wisdom of the prior decision.  Check it out. 

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Comments (1)

1. Posted by William Henderson on May 14, 2006 @ 20:44 | Permalink

Fred, this is the second time you have linked to this section of the Economist. Very interesting off-the-beaten-path stuff. Keep linking to it! bh.

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