Sunk costs are payments or investments that can never be recovered. An android with a fully functioning logic brain, full of circuits of pure mathematical reasoning would never make a decision that took sunk costs into account. But you would because you're an emotional human being, and your aversion to loss often leads you right into things like this. A confirmed loss lingers and grows in your mind. It becomes larger in your inner history than it was when you first felt it.
Are you throwing good money after bad? Are you stuck in a job, a relationship, a degree, or some other situation that you know you should abandon but fear you'll have wasted years of time and effort? Are you in pain because of your fear of having done something in vain? This episode, learn all about the sunk cost fallacy and how you sometimes get stuck in a wasteful loop of behavior because of your fear of loss.
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