This paper reports the results of additional work on a model of escalation behavior since presentation of an early version of the model at the 1988 International Conference of the System Dynamics Society (Radzicki, Bowen, Kuller, and Guerrero, 1988). Here we propose that four variables: (1) the expected total benefits which will accrue if a project is completed; (2) the expected total costs which will be incurred if a project is completed; (3) the expected total benefits which will accrue only if a project is stopped; and, (4) the expected total costs which will be incurred only if a project is stopped; may be crucial to recommitment decisions in terms of a decision maker’s perception of their interrelationships at any point in the evolution of a course of action

This is the whole item.

Date created

• 1991

Type

• Document

Processing Activity

• Processing documentation available at: https://wiki.albany.edu/display/SCA/Processing+Ingested+Digital+Files

License

• Creative Commons BY-NC-ND Attribution-NonCommercial-NoDerivs 4.0 International

  
  Contact Us for questions or additional rights.

ITEM CONTEXT

Part of

d1cfc0fcedb4f6334f34d1ca11dcf292

Scope and Contents

Part of

5d7e83a7ca6c4cd9ab0ccc8a805a7aa7

Scope and Contents

Part of

23d738ba88f8333bc39725f9cb5bd0b8

Scope and Contents

Collection

System Dynamic Society Records

Scope and Contents

Collecting area

• This collection is part of the University Archives