Director / Editor: Victor Teboul, Ph.D.
Looking inside ourselves and out at the world
Independent and neutral with regard to all political and religious orientations,® aims to promote awareness of the major democratic principles on which tolerance is based.

What is the 'sunk cost fallacy'? Is it ever a good thing?

By Aaron Nicholas, Senior Lecturer in Economics, Deakin University
When we invest money, time or another resource we can’t get back, factoring that sunk cost into our future decisions can be a trap.The Conversation

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