The Sunk Cost Fallacy In Psychology: Definition & Examples
Learn about the sunk cost fallacy, a cognitive bias that causes people to invest resources based on past investments, even if it’s futile.
Learn about the sunk cost fallacy, a cognitive bias that causes people to invest resources based on past investments, even if it’s futile.
Uncover the sunk cost fallacy in relationships, its cognitive biases, real-life examples, and tips for avoiding it.