Discuss how perceptual bias affected
President George W. Bushâ€™s decisions that lead the United States into war in
Iraq in 2003. Did judgmental bias play a part in these decisions?
In the 1960s, Britain and France decided to
jointly fund and build a supersonic transport that became known as the
Concorde. Research the decision to build and fly the supersonic transport
Concorde. Then, discuss how the sunk costs and an escalation of commitment
affected their decisions.
During the Cold War and post-Cold War eras,
the United States and the Soviet Union have been competing with one another in
attempts to gain a strategic advantage over one another. The Strategic Defense
Initiative (SDI) was born out of that competition. Discuss the SDI and how the
United States and the Soviet Union applied the competitive escalation paradigm.
Throughout its existence, Saturn has never
turned a profit for General Motors. Research the history of Saturn and GMâ€™s
decision to continue funding it (although GM has now decided to close down the
auto maker). Why hadnâ€™t Saturn made a profit? Was escalation of commitment in
play in GMâ€™s decision? If so, how?
Discuss a time
when you were involved, either as an individual or as part of a group, in a
decision in which escalation of commitment took place. How did you feel about
the decision and the escalation?
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