The Halo Effect is a well-known bias. Important things cost a lot of money, therefore if what you're doing doesn't cost a lot of money, it's not important. Thi

The Halo Effect is a well-known bias. Important things cost a lot of money, therefore if what you're doing doesn't cost a lot of money, it's not important. This happens in large institutions in the private sector as well, sections of companies building their own fiefdoms.