I’m sorry John, I just had to challenge your logical fallacy. Let’s continue with your “petty” charge John by talking about being exiled. Not just the involuntary ones like me who Pastor Jones couldn’t follow scripture or the Bylaws to “legally” remove my name from membership. Let us talk about the exiles as a group.
That’s the sunk cost fallacy at work, because the money is gone no matter what. You can’t get it back. The sunk cost fallacy prevents you from realising the best choice is to do whatever promises the better experience in the future, not that which negates the feeling of loss in the past. Let’s look at some more examples.
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Let’s just fucking go. When it came time for the article’s publication. and hooooooooooooly shit there is so much to.
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Sunk cost fallacy keeps many who have doubts in. It’s an excellent argument when it comes to the GB. But the GB change their policies whenever it suits them. That’s why they go on and on about loyalty even when it comes to things that don’t make sense from a human standpoint.
In this post, we are going to discuss what exactly is a sunk cost fallacy and how it can affect your investment decisions. But first, let us understand what are sunk costs. What are sunk costs? Sunk costs are those irrevocable costs which have already been occurred and cannot be retrieved.
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The sunk cost fallacy is the engine which keeps Farmville running, and the developers behind Farmville know this. Source: Farmertips.com Farmville is free, and the first time you log on you are transported to a netherworld patch of grass where you float above an abeyant young farmhand eager to get to work.
Earlier today, a friend shared a link to an eye-opening article about how we all, from time to time, fall prey to the ‘sunk cost fallacy.’What this means is that things, people or events we have already invested time and money in, we tend to stick with, even after we realise that there is little or no benefit to do doing so.
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