| bgold | v1.4.0Aug 11th 2021 | (-34) removing a broken link - if anyone has the original link please update instead, I'd like to read it! | ||
| Ruby | v1.3.0Oct 1st 2020 | (+161/-4) | ||
| Multicore | v1.2.0Aug 3rd 2020 | (+42/-32) | ||
| Multicore | v1.1.0Jul 31st 2020 | (+338/-402) | ||
| Grognor | v0.0.3Jan 31st 2013 | (+4/-4) name change | ||
| Grognor | v0.0.2Feb 28th 2012 | (+307/-9) | ||
| Vladimir_Nesov | v0.0.1Feb 4th 2010 | (+31/-17) /* See also */ link to [[Cached thought]] | ||
| Vladimir_Nesov | v0.0.0Feb 4th 2010 | (+110) no-description stub |
The Sunk Cost Fallacy is the tendency to consider costs that have already been paid and cannot be reclaimed when deciding whether to continue a project. Thinking you have to keep going because you'you've already put in so much. In reality, it is usually much more important to consider whether the benefits of finishing the project are worth more than the remaining costs.
The Sunk Cost Fallacy is the tendency to consider costs that have already been paid and cannot be reclaimed when deciding whether to continue a project. Thinking you have to keep going because you've already put in so much. In reality, the only thing worth consideringit is usually much more important to consider whether the benefits of finishing the project are worth more than the remaining costs.
Letting past investment (of time, energy, money, or any other resource) interfere with decision-making in the present in deleterious ways.
project. Thinking you have to keep going because you've already put in so much. In reality, the only thing worth considering is whether the benefits of finishing the project are worth more than the remaining costs.
Letting past investment (of time, energy, money, or any other resource) interfere with decision-making in the present in deleterious ways.
Sunk Cost Rationality KatabyMIRI