The sunk cost fallacy is when someone makes a rational decision based on the future value of objects, investments and experiences. This article discusses how the popular computer game Farmville displays the sunk cost fallacy.
Daniel Kahneman (born March is an Israeli-American psychologist. He was awarded the 2002 Nobel Memorial Prize in Economic Sciences. He is notable for his work on the psychology of judgment and decision-making, behavioral economics and hedonic psychology.
The Sunk Cost Fallacy: The Surprising Reason Why People Cling to Jobs and Investments Longer Than They Should
She also made this reclaimed wood ladder as a way to utilize the space over the toilet for extra bathroom storage. "This ladder was a super quick and easy DIY and cost just a few dollars," writes Jenn (Diy Bathroom Storage)
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