The Sunk Cost Fallacy: Why We Keep Throwing Good Money After Bad
Finishing a bad movie because you’ve already sat through half of it. Staying in a broken relationship because of the
The psychology of decision making: cognitive biases like the sunk cost fallacy and groupthink, decision fatigue, the craving for certainty, and practical ways to decide better.
Finishing a bad movie because you’ve already sat through half of it. Staying in a broken relationship because of the
Put a room of capable, well-intentioned people together to make a decision, and something strange can happen: the group produces
Given a choice between a mediocre outcome you can predict and a potentially better one you can’t, most people will
You started the day making good choices without much effort. By 6 p.m., you’re standing in front of the fridge