This phenomenon is known as the sunk cost fallacy, and if you're not careful, it can keep you from reaching your financial goals. In economics, a sunk cost is an expense that has already been ...

One such reason that influences the fate of our relationships is the sunk-cost fallacy. It refers to a commitment bias wherein individuals continue investing in something even if the outcome doesn ...

This is called the sunk-cost fallacy – an attachment to an item because of what we spent in the past, even if we now hate the item. The idea of ‘sunk costs’ is one of the biggest roadblocks many of us ...

Sparing the thoughts on the combinations, the issue is with David Kampf, Ryan Reaves and the sunk cost fallacy approach to the lineup card. The sunk cost fallacy is the notion of sticking with the ...