3 ms·
Eh, I don't think real estate leases are the motivating thing here. Execs/VCs are aware of the sunk cost fallacy, and leases will end eventually.
by kerkeslager 4y ago
Eh, I don't think real estate leases are the motivating thing here. Execs/VCs are aware of the sunk cost fallacy, and leases will end eventually.
- jrs235 4y agoJust because one knows of it doens't mean one isn't influenced/affected by it.
- kerkeslager 4y agoI suppose that's true, I'm aware of some fallacies (such as anchoring bias) which don't seem to be changed by knowing they exist, and some fallacies which seem to change pretty drastically upon finding out about them (such as fixed mindset (as opposed to growth mindset)). I'm not sure which category sunk cost fallacy falls into.
- cosmotic 4y agoJust because they are aware doesn't mean they aren't susceptible.