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A comment on Ignore Sunk Costs (2009). Parent comment

Re:Ignore Sunk Costs (2009) by DubiousPusher on Saturday January 04, 2020 @03:12PM (#21957136)
I think you and the blog post author are making the same mistake. You're just not putting a dollar value on these social costs. If the blog author valued their partner's feeling they would enumerate upsetting them as a cost and it wouldn't be so clear that you're earning $500. But rather you're earning $500 less the cost to your personal relationship.

This is a similar mistake to failing to price other intangibles like risk.

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Re:Ignore Sunk Costs (2009) by baddox on Saturday January 04, 2020 @04:29PM (#21957713)
It’s an odd mistake to make, since it implicitly recognizes that someone may value the experience of seeing the concert more than $500, but fails to recognize that someone may value their close social relationships more than $500.
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