
Rory Sutherland on The Six Sells Podcast
The Six Sells Podcast
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What Do You Know About Sunk Cost Bias?
Behavioral scientist says the general public would benefit from knowing about sunk cost bias. Adoption of new behaviors is a sigmoid curve, slow at first, rapid then slow. The Japanese toilet will take 70 years before it cleans your bum for you - that's how satisfied people are with their basic toilet.
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