Economics

“Can the class think of an example of escalation of commitment from our day-to-day lives?” asked the Organizational Behaviour Professor, expectantly looking at everyone in the class. I found myself stretching my hand high up in the air. “Yes, Dania?” came the response from the instructor. I didn’t know if I had the nerves to utter the answer I had mentally reflected. Term 1 was being an excruciatingly tiring term, making me realize that maybe MBA is a lot more than dressing smart and speaking sense. I always knew that it won’t be easy competing with equally motivated…