As some Republicans express buyer's remorse about Donald Trump's selection of J.D. Vance as the “worst choice” for vice president and Joe Biden ditches his stubbornness about staying in the 2024 ...
A sunk cost refers to any money, time, or resources that have been irretrievably spent and cannot be recovered, regardless of any future actions or decisions. Once incurred, this cost is permanently ...
It was a Words with Friends chat that first gave Megan Phelps-Roper pause. Keep Up with the GGSC Happiness Calendar Make the world a little better this month People have a marked tendency to cling to ...
Human beings do not respond rationally to “sunk costs.” We persist in doing what we’ve always done because, well, that’s what we’ve always done. We confuse loyalty with stubbornness. We are reluctant ...
Megan McArdle spent years in a doomed relationship. The reason, she says: She fell victim to a common economic fallacy. Our Planet Money team has... How Sunk Cost Fallacy Applies To Love RENEE ...
Perhaps you have heard of the concept of the sunk-cost fallacy. What that means is, you continue to invest in something merely because you have already spent so much money or time or other resources ...
Joe Biden’s self-inflicted electoral crisis is a classic case study in the “sunk cost fallacy.” As Vice President Kamala Harris and party leaders pour resources into the president’s flailing campaign, ...
Many people fall victim to the “sunk cost fallacy” at some point in their lives. Maybe you have stayed at an amusement park even though it was hot and crowded, or remained at a concert even though the ...
Few things suck the air out of a room like underwhelming line rush combinations from a practice. That’s very much the case for the Maple Leafs Wednesday as Pontus Holmberg and Connor Dewar find ...
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