There is nothing so useless as doing efficiently that which should not be done at all.” —Peter Drucker, “The Effective ...

Sales is all about the art of closing the deal. Behind the curtain, that means a lot of patience, persuasion and persistence.

A new book shows how federal higher education funding's high ideals often ran aground. But there are solutions to the crisis.

Traditional cost-benefit analyses treat wetland restoration as a one-off expense with fixed returns. New research shows this misses long-term climate and biodiversity benefits.

Timing matters for wetland investment Traditional cost-benefit analyses treat wetland restoration as a one-off expense with fixed returns. Our research shows this misses the bigger, long-term picture.

Ticketmaster and Airbnb now have to list prices up front, instead of tacking on hidden fees at the end. This new "all-in pricing" is incredible.

A sunk cost is defined as “money, time, or effort that has already been spent and cannot be recovered.” As pointed out in the previous paragraph, a number of people justified completing the Tellico ...

The sunk cost fallacy is when you throw resources into a losing venture because you've already spent time or money.

Opportunity cost refers to what you miss out on by going with one option over another comparable option.

This commitment to a failing venture is a textbook example of the sunk cost fallacy: the tendency to continue a project or stick with a decision based on past investments, rather than evaluating ...

Find out about sunk costs and why "getting your money's worth" can cost you more than you think.

In economics, a sunk cost is an expense that has already been spent, and there's no way to recoup the costs. For example, if you start watching a TV show and don't like it, you can't get that time ...