Tag fallacy
The sunk cost fallacy is a cognitive bias that leads us to make suboptimal decisions.
It occurs when we place too much importance on the money or time we have already invested in something, even if it is no longer the best option.
The sunk cost fallacy is a cognitive bias that leads us to make suboptimal decisions.
It occurs when we place too much importance on the money or time we have already invested in something, even if it is no longer the best option.
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