2024 – In the 1960s Britain and France decided to jointly fund and build a supersonic transport
Sunk – 2024
In the 1960s, Britain and France decided to jointly fund and build a supersonic transport that became known as the Concorde. Research the decision to build and fly the supersonic transport Concorde. Then, discuss how the sunk costs and an escalation of commitment affected their decisions.Gillman, P. (1977, January 1). Retrieved February 25, 2015, from http://www.theatlantic.com/past/docs/issues/77jan/gillman.htmGillman, P. (1977, January 1). Retrieved February 25, 2015, from http://www.theatlantic.com/past/docs/issues/77jan/gillman2.htmRichards, C. (2013, October 24). Concorde’s final flight: A decade after the aircraft last went supersonic we look back at its illustrious history. Retrieved February 25, 2015, from http://www.mirror.co.uk/news/uk-news/concordes-final-flight-decade-after-2478250
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