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| Author: | Staw, B. Barsade, S. Koput, K. |
| Title: | Escalation at the credit window: a longitudinal study of bank executives' recognition and write-off of problem loans |
| Journal: | Journal of Applied Psychology
1997 : FEB, VOL. 82:1, p. 130-142 |
| Index terms: | ECONOMICS PSYCHOLOGY LOANS |
| Language: | eng |
| Abstract: | Although the escalation literature has grown steadily over the past 20 years, there has been very little research bridging the gap between laboratory experiments and qualitative field studies on escalation. What has been missing are quantitative tests of escalation hypotheses in their natural context. This study helps fill such a gap by testing the responsibility hypothesis within the banking industry. It was predicted that the turnover of senior bank managers would lead to a de-escalation of commitment to private loans. |
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