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.

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 sunk cost fallacy is the notion of sticking with the strategy/player invested in because they’ve already committed financially through time or other means.

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.

Politicians struggle with “sunk cost fallacy,” as Republicans regret Trump’s VP pick and Biden exits race. The political sunk cost fallacy has haunted politicians in both parties for decades.

Joe Biden’s self-inflicted electoral crisis is a classic case study in the “sunk cost fallacy.” As Vice President Kamala Harris and party leaders pour resources into the president’s ...

A sunk cost is an expense that cannot be recovered. These types of costs should be excluded from decision-making.

The sunk cost fallacy addresses the tendency of people to continue on a suboptimal path because they have committed a lot of time or resources to it already. Investors, for example, may double ...

The sunk-cost fallacy shows up when people make the following kind of argument. “Since we’ve already got those useless bridges, we must continue. Otherwise, they will remain useless.” ...