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In economics and business decision-making, a sunk cost (also known as retrospective cost) is a cost that has already been incurred and cannot be recovered. [ 1 ] [ 2 ] Sunk costs are contrasted with prospective costs , which are future costs that may be avoided if action is taken. [ 3 ]
Retrospective semantic memory refers to the collection of knowledge, meaning and concepts that have been acquired over time. [ 1 ] It plays a significant role in the study of priming . Jones (2010) researched a pure mediated priming effect and wanted to discover which model accounted for it.
An after action report (or AAR) is any form of retrospective analysis on a given sequence of goal-oriented actions previously undertaken, generally by the author themselves. The two principal forms of AARs are the literary AAR, intended for recreational use, and the analytical AAR, exercised as part of a process of performance evaluation and ...
A hotwash is the immediate "after-action" discussions and evaluations of an agency's (or multiple agencies') performance following an exercise, training session, or major event, such as Hurricane Katrina.
A retrospective (from Latin retrospectare, "look back"), generally, is a look back at events that took place, or works that were produced, in the past.As a noun, retrospective has specific meanings in software development, popular culture, and the arts.
Antenarrative is the process by which retrospective narrative is linked to living story.For example, antenarrative bets on the future, which are things one imagines may come into being even if that imagination is not fully formed, draw on aspects of the past, those experiences someone has lived through, to form a coherent narrative, a telling with a beginning middle and end.
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The highly unreliable nature of human memory is well documented and accepted amongst psychologists. Some research suggests a 'blue retrospective' which also exaggerates negative emotions. Though it is a cognitive bias which distorts one's view of reality , it is suggested that rosy retrospection serves a useful purpose in increasing self-esteem ...