Sunk Cost Fallacy

[Pryght]

Sunk Cost Fallacy: The phenomenon whereby a person is reluctant to abandon a strategy or course of action because they have invested heavily in it, even when it is clear that abandonment would be more beneficial.

Sound familiar?

 

[kurt cloverdales]

Sunk Cost Fallacy: The phenomenon whereby a person is reluctant to abandon a strategy or course of action because they have invested heavily in it, even when it is clear that abandonment would be more beneficial.

Sound familiar?

is that similar to throwing good money after bad.