The goal is attainable: the effects of goal gradient and sub-goals on escalation of commitment in a new product evaluation

Purpose – The purpose of this study is to investigate whether, in the context of making a go/no-go decision regarding a failing new product, the use of a stopping rule and/or a new decision-maker would reduce the escalation of commitment (EOC). Design/methodology/approach – This study uses a classro...

Full description

Bibliographic Details
Main Author: Beichen Liang
Format: Article
Language:English
Published: Emerald Publishing 2021-04-01
Series:Innovation & Management Review
Subjects:
Online Access:https://www.emerald.com/insight/content/doi/10.1108/INMR-05-2020-0064/full/pdf?title=the-goal-is-attainable-the-effects-of-goal-gradient-and-sub-goals-on-escalation-of-commitment-in-a-new-product-evaluation