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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. 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]

  4. 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.

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

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

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  6. Behavioral Investing: Sunk Costs and Stuck Minds - AOL

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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 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.

  9. Cognitive bias - Wikipedia

    en.wikipedia.org/wiki/Cognitive_bias

    Biases can be distinguished on a number of dimensions. Examples of cognitive biases include - Biases specific to groups (such as the risky shift) versus biases at the individual level. Biases that affect decision-making, where the desirability of options has to be considered (e.g., sunk costs fallacy).