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Understanding the sunk cost fallacy and having an opinion like the authors are not mutually exclusive. It doesn’t always apply and shouldn’t be used as an excu
by stcroixx 3y ago
Understanding the sunk cost fallacy and having an opinion like the authors are not mutually exclusive. It doesn’t always apply and shouldn’t be used as an excuse to abandon whatever one feels like without guilt.
- h0l0cube 3y agoAnd applying sunk cost fallacy indiscriminately can itself be fallacious as the rewards may be so unpredictable or intangible as to elude simple calculus
- BeetleB 3y ago> It doesn’t always apply and shouldn’t be used as an excuse to abandon whatever one feels like without guilt. Unless you made commitments to others, one should never feel guilt for not finishing a project. Something I learned in my 20's: Guilt is one of worst long term motivators, and almost never yields anything positive. It's why those who guilt trip others are best avoided.