I did have the agency, and my continued giving was not just a result of a sunk-cost fallacy. Being part of Spectator has taught me a lot—about myself, about navigating relationships with others, about ...

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

Viva lost wages. When I first tried independent living, having been cushioned from reality by a dad who worked so hard he literally flattened his posterior ― ergonomics was a class he didn ...

The sunk cost fallacy in action As the CEO of a company that favored flexible work arrangements long before the pandemic, I'm often asked about my stance on the topic.

The Falcons made a mistake, the returns were not what they saw coming, and their only option now is to avoid the sunk-cost fallacy that many teams enter into when it comes to overpriced ...

A sunk cost fallacy then occurs if you lean into the sunk cost by putting more resources toward it, even though that doesn't recoup what's already lost. So if you keep watching that TV show and ...

A major way that the sunk cost fallacy hurts finances is by causing investors to stay committed to a misguided investment for too long or even allocate more to chase losses.

The sunk cost fallacy often muddies this inflection point—a psychological trap that tempts owners to chase poor investments or decisions, sometimes at the expense of more promising opportunities.

The Stahl Organization has put at least $370 million into 277 Park Ave in the past few years, demonstrating two phenomena of economics.