Farmville is still in the top 20 most popular aps on facebook, beat out by things like spotify and tinder. To sand why people commit to this game you must first understand how your fear of loss leads to the sunk cost fallacy. The psychologist daniel conoman says organisms that placed more urgency on avoiding threats than they did on maximizing opportunities were more likely to pass on their genes. And whenever possible, you try to avoid losses of any kind.
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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