Re:The Sunk Cost Fallacy
by orwin on Sunday August 29, 2021 @07:51AM
(#28345964)
The best example i know is related, it that you feel sick in the middle of a meal at a one-star restaurant (let's say on the third dish).
[ Parent
| on HN ]
Re:The Sunk Cost Fallacy
by HarHarVeryFunny on Sunday August 29, 2021 @11:12AM
(#28347341)
That's a decent example, but I don't see why one-star vs five-star would make any difference. It's also depends if continuing to sink time/money into the meal (by having desert, say) would make you feel more sick or not. Unless you feel like vomiting, maybe you want to stay for that tasty desert anyways!
You'd only be committing the "sunken cost" mistake if you continued with the meal without having some good forwards-looking (social, perhaps) reason to do so.