Allocating surplus resource in the near-failure projects is ubiquities decision error in the organizations. This decision error, especially in the competitive situation, can be extremely acute. The main implications of the current research are to find to what extent the rival estimation interplay the relationship between competitive trait anxiety and escalation of commitment in the teams. It can shed light to the prediction of teams’ resource allocating by some attribute of team members in the competitive situation. By acknowledging that different resource allocating is elicited by different competitive situation and personality diversity within the team, we suggest that these differences in the allocation of extra resource in the near to failure projects is a consequence of competition shadow and individual anxiety. We conclude by discussing how managers might better evaluate whether continue or stop a near to failure project.
How Team Allocate the Resource; A Model of Escalation of Commitment in Competitive Situation
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