Quickie: The Sunk Cost Fallacy

shanedk

First published at 14:28 UTC on September 27th, 2018.

A sunk cost is any past cost you've put into something that cannot be recovered. People tend to feel that if they've put a lot of time or effort or money into something, then that means they need to "stick with it." That's th...

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CategoryNews & Politics
SensitivityNormal - Content that is suitable for ages 13+