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Sunk Costs
4:23
YouTubeEdspira
Sunk Costs
This video explains what a sunk cost is and provides examples to illustrate why sunk costs should be irrelevant to decision-making. — Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business education freely available to the ...
124.2K viewsSep 4, 2014
Sunk Cost Fallacy Examples
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Sunk Cost Fallacy explained by Saul Goodman
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