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  2. Sunk cost - Wikipedia

    en.wikipedia.org/wiki/Sunk_cost

    For example, anxious people face the stress brought about by the sunk cost fallacy. When stressed, they are more motivated to invest in failed projects rather than take additional approaches. Their report shows that the sunk cost fallacy will have a greater impact on people under high load conditions and people's psychological state and ...

  3. Escalation of commitment - Wikipedia

    en.wikipedia.org/wiki/Escalation_of_commitment

    Economists and behavioral scientists use a related term, sunk-cost fallacy, to describe the justification of increased investment of money or effort in a decision, based on the cumulative prior investment ("sunk cost") despite new evidence suggesting that the future cost of continuing the behavior outweighs the expected benefit.

  4. List of fallacies - Wikipedia

    en.wikipedia.org/wiki/List_of_fallacies

    Sunk costs fallacy - refusal to leave a situation because you have already put large amounts of time or effort into it- for example trying to jump over a wall you physically cannot jump over because you have already spent an hour trying to jump.

  5. High-speed rail’s ‘sunk-cost fallacy’ — spending good money ...

    www.aol.com/high-speed-rail-sunk-cost-133000271.html

    The sunk-cost problem helps explain why it was so hard to end that war. It is worth considering this problem as we reflect on current wars. The sunk-cost fallacy applies in our thinking about the ...

  6. The Sunk Cost Fallacy Is Ruining Your Decisions. Here's How - AOL

    www.aol.com/news/sunk-cost-fallacy-ruining...

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  7. Sunk cost fallacy: Economics claims FarmVille isn't fun - AOL

    www.aol.com/news/2011-03-30-sunk-cost-fallacy...

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  8. List of cognitive biases - Wikipedia

    en.wikipedia.org/wiki/List_of_cognitive_biases

    Escalation of commitment, irrational escalation, or sunk cost fallacy, where people justify increased investment in a decision, based on the cumulative prior investment, despite new evidence suggesting that the decision was probably wrong. G. I. Joe fallacy, the tendency to think that knowing about cognitive bias is enough to overcome it. [65]

  9. How Failing to Recognize Sunk Costs Keeps Us Stuck in Bad ...

    www.aol.com/2014/01/21/sunk-costs-bad...

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