decision-making, a sunk cost (also known as retrospective cost) is a cost that has already been incurred and cannot be recovered. Sunk costs are contrasted...

that sunk costs should be ignored when making future decisions, people sometimes make the mistake of thinking sunk cost matters. This is sunk cost fallacy...

2002, American kitchen remodeling was expected on average to cost $18,658, but actually cost $38,769. To explain overconfidence, Kahneman introduces the...

She calls BoJack, and Todd finds him collapsed after the call. 72 11 "Sunk Cost and All That" Amy Winfrey Jonny Sun January 31, 2020 (2020-01-31) 611...

March would reprise her role as ADA Alexandra Cabot in an episode titled "Sunk Cost Fallacy" that aired on April 18, 2018. It marked March's first appearance...

based on the cumulative prior investment ("sunk cost") despite new evidence suggesting that the future cost of continuing the behavior outweighs the expected...

gym in a larger, these factors to reduce the cost and reduce the psychological sunk costs, more vivid sunk costs significantly increased people's gym visits...

unless generating at maximum availability since the LCOE is nearly all sunk-cost capital investment. Grids with very large amounts of intermittent power...

preparatory school. Cabot returns six years later in the Season 19 episode, "Sunk Cost Fallacy". At this point, she has retired from the D.A.'s office, and now...

Foot-in-the-door technique Icebreaker (facilitation) Reciprocity (social psychology) Sunk-cost fallacy Social proof McRaney, David (2011-10-05). "The Benjamin Franklin...

of software, the more they perceive that the cost of that investment can never be recovered (sunk cost fallacy). Thus, engineers tend to continue to...

value theorem Opportunity cost Returns to scale Pareto efficiency Self-organized criticality Submodular set function Sunk-cost fallacy Tendency of the rate...

in deciding whether or not to continue construction, the $1 million sunk cost were incorrectly included in the analysis, the firm may conclude that...

normally fixed costs. Sunk cost: A cost already incurred, which cannot be recovered. Other costs Standard Costing is a technique of Cost Accounting to compare...

are non-sunk, the shutdown rule must be modified. To illustrate the new rule it is necessary to define a new cost curve, the average non-sunk cost curve...

Damage" James Bowman Joanna Calo January 31, 2020 (2020-01-31) 610 72 11 "Sunk Cost and All That" Amy Winfrey Jonny Sun January 31, 2020 (2020-01-31) 611...

the remaining 82% of the cost of the diversion weir would have been defined as sunk cost and also not be included in the cost benefit analysis. By excluding...

paradox – Paradox involving a game with repeated coin flipping Sunk cost fallacy – Cost that has already been incurred and cannot be recoveredPages displaying...

Hills Like White Elephants Bridge to nowhere Escalation of commitment (sunk cost fallacy) Pork barrel Abul-Abbas "Home : Oxford English Dictionary". oxforddictionaries...

attack – Violent attack in which the attacker accepts their own death Sunk cost fallacy – Cost that has already been incurred and cannot be recoveredPages displaying...

processes that attenuate it. — Gilbert et al. 2004 Affective forecasting Sunk cost fallacy Cognitive dissonance List of paradoxes: psychology Gilbert, Daniel...

conditional probabilities. Escalation of commitment, irrational escalation, or sunk cost fallacy, where people justify increased investment in a decision, based...

understands their role and responsibilities. Corporate culture Fail fast Kanban Sunk cost The Bachelor of Business Administration (BBA, B.B.A., BSBA, B.S.B.A.,...

sentence "does not make sense." Escalation of commitment Gresham's law Sunk cost fallacy Speake, Jennifer (2015). "When you are in a hole, stop digging"...

choice – Free choice in which only one option is actually offered Sunk cost – Cost that has already been incurred and cannot be recovered Ultimatum –...

paradox – Paradox involving a game with repeated coin flipping Sunk cost fallacy – Cost that has already been incurred and cannot be recoveredPages displaying...

recommend a treatment that does not work. This is a manifestation of the sunk cost fallacy. Fraud Some practitioners, fully aware of the ineffectiveness...

"Liberties", "Hardwired" – "Witness", "Scorched Earth" – "Learning Curve", "Sunk Cost Fallacy" ADA Alexandra Cabot first appears in the season 2 premiere episode...

several formats (for example, using both absolute and relative scales). Sunk-cost fallacy is a specific type of framing effect that affects decision-making...

they should. A costly signal in which the cost of an action is incurred upfront ("ex ante") is a sunk cost. An example of this would be the mobilization...