World war craft, farmville and messero all use social hooks to keep you coming back for more. You may not play any of these games or messero in these aps, but there is probably something similar in your life. It could be a degree that you want to change, or a career you want to escape,. Or a relationship you know is o and you don't stick with it over and over again. So here is a fall experiment. Imagine you've dropped yourself on over the edge of a crew ship. Now you would need james cameron's unmanned submarine fleet to find that selphone again. And you could spend a small fortune to retrieve it, or not
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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