programming.dev
  • Communities
  • Create Post
  • Create Community
  • heart
    Support Lemmy
  • search
    Search
  • Login
  • Sign Up
Blaze@discuss.tchncs.de to [Outdated, please look at pinned post] Casual Conversation@lemmy.worldEnglish · 1 year ago

What is the 'sunk cost fallacy'? Is it ever a good thing?

theconversation.com

external-link
message-square
9
link
fedilink
21
external-link

What is the 'sunk cost fallacy'? Is it ever a good thing?

theconversation.com

Blaze@discuss.tchncs.de to [Outdated, please look at pinned post] Casual Conversation@lemmy.worldEnglish · 1 year ago
message-square
9
link
fedilink
When we invest money, time or another resource we can’t get back, factoring that sunk cost into our future decisions can be a trap.
  • PeepinGoodArgs@reddthat.com
    link
    fedilink
    English
    arrow-up
    2
    ·
    edit-2
    6 months ago

    deleted by creator

    • ℕ𝕖𝕞𝕠@midwest.social
      link
      fedilink
      English
      arrow-up
      4
      ·
      1 year ago

      Sure, that’s future-oriented. It’s stupid, but not fallacious.

      But if you’re just drinking it because you paid $8 and you don’t want to “waste it”, THAT is sunk cost fallacy.

[Outdated, please look at pinned post] Casual Conversation@lemmy.world

casualconversation@lemmy.world

Subscribe from Remote Instance

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: [email protected]
lock
Community locked: only moderators can create posts. You can still comment on posts.

Share a story, ask a question, or start a conversation about (almost) anything you desire. Maybe you’ll make some friends in the process.


RULES

  • Be respectful: no harassment, hate speech, bigotry, and/or trolling
  • Encourage conversation in your post
  • Avoid controversial topics such as politics or societal debates
  • Keep it clean and SFW: No illegal content or anything gross and inappropriate
  • No solicitation such as ads, promotional content, spam, surveys etc.
  • Respect privacy: Don’t ask for or share any personal information

Related discussion-focused communities

  • [email protected]
  • [email protected]
  • [email protected]
  • [email protected]
  • [email protected]
Visibility: Public
globe

This community can be federated to other instances and be posted/commented in by their users.

  • 2 users / day
  • 4 users / week
  • 7 users / month
  • 37 users / 6 months
  • 66 local subscribers
  • 6.6K subscribers
  • 493 Posts
  • 14.3K Comments
  • Modlog
  • mods:
  • Mysterious_Macaxeira@lemmy.world
  • Call me Lenny/Leni@lemm.ee
  • Bl4ze@lemmy.world
  • KaneLivesInDeath@lemmy.world
  • orangeNgreen@lemmy.world
  • neidu2@feddit.nl
  • BE: 0.19.11
  • Modlog
  • Legal
  • Instances
  • Docs
  • Code
  • join-lemmy.org