REVscene - Vancouver Automotive Forum


Welcome to the REVscene Automotive Forum forums.

Registration is Free!You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today! The banners on the left side and below do not show for registered users!

If you have any problems with the registration process or your account login, please contact contact us.


Go Back   REVscene Automotive Forum > Automotive Chat > Vancouver Off-Topic / Current Events

Vancouver Off-Topic / Current Events The off-topic forum for Vancouver, funnies, non-auto centered discussions, WORK SAFE. While the rules are more relaxed here, there are still rules. Please refer to sticky thread in this forum.

Reply
 
Thread Tools
Old 03-21-2012, 08:36 AM   #1
Where's my RS Christmas Lobster?!
 
sebTeggy's Avatar
 
Join Date: Feb 2010
Location: Burnaby
Posts: 809
Thanked 56 Times in 26 Posts
Youtubers! Need your help!

Hey guys,

Im doing a project for my sociology class, and it talks about 'escalation of commitment'.

Its basically people failing, over and over, but they keep trying to justify the past, by thinking 'Well I already put this much (effort or money) into it'.

Sort of like how people who spend 10 grand on repairs on their car, which is only worth 6 grand.

But then they spend another 2 grand because they spent 10 grand previously. Even though spending the 2 grand is ONLY justified by the previous effort, and not independently.

This was also done in the vietnam war, where troops were just sent to their deaths, basically to justify the deaths of the previous troops, the mentality was 'Well we can't give up now'

Anyways, does anyone know of a youtube video, that is sort of short, and might show something like this? I'm trying to find a few videos but nothing,


Thanks guys!

Advertisement
sebTeggy is offline   Reply With Quote
Old 03-21-2012, 08:40 AM   #2
14 dolla balla aint got nothing on me!
 
Join Date: Mar 2012
Posts: 617
Thanked 380 Times in 176 Posts
Type "foot in the door technique" as keyword and you get a lot of videos.

Hope that helps,
GGnoRE is offline   Reply With Quote
Old 03-21-2012, 08:42 AM   #3
Banned By Establishment
 
Gridlock's Avatar
 
Join Date: Dec 2003
Location: New West
Posts: 3,998
Thanked 2,982 Times in 1,135 Posts
I get what you are talking about. In business its called "sunk cost". The idea that trying to maintain something that isn't working, because you put so much money into it isn't the best idea. The money is sunk, and not coming back.

So instead of trying to find a random video that illustrates the point, you may be able to find a short video regarding a business that faced that decision and the ramifications of letting it go.

Hell, there was one on that new CBC show "The Big Decision" just the other night. Happens all the time in business.

There could be plenty of videos illustrating it in war too, but nothing that touches on Vietnam could be considered "short".
Gridlock is offline   Reply With Quote
Old 03-21-2012, 08:51 AM   #4
Where's my RS Christmas Lobster?!
 
sebTeggy's Avatar
 
Join Date: Feb 2010
Location: Burnaby
Posts: 809
Thanked 56 Times in 26 Posts
Awesome! I checked wikipedia and it is in fact, also known as sunk cost.

That helps a lot, hopefully I can find something soon !
sebTeggy is offline   Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off



All times are GMT -8. The time now is 12:28 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2020, vBulletin Solutions, Inc.
SEO by vBSEO ©2011, Crawlability, Inc.
Revscene.net cannot be held accountable for the actions of its members nor does the opinions of the members represent that of Revscene.net