Andreas Kling – Failure is also a habit

Re:Andreas Kling – Failure is also a habit by foobarbecue on Friday July 07, 2023 @08:30AM (#36630699)

Sunk cost fallacy. You aren't getting that $7.50 back. The question should actually be "do I want to, for no reason at all, feel like shit for the rest of the evening?"

(This assumes you aren't deriving any pleasure or utility from eating that last 25%. If you are, then that's one side of the cost/benefit analysis. But the initial cost of the food is irrelevant not matter what.)

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Re:Andreas Kling – Failure is also a habit by Aeolun on Saturday July 08, 2023 @03:50AM (#36642293)

I can ‘spend’ the money on the remaining 25% of food, or on not feeling shit (e.g. I didn’t ‘get’ anything for that money).

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Re:Andreas Kling – Failure is also a habit by foobarbecue on Saturday July 08, 2023 @04:56PM (#36648681)

Yeah. I suppose sunk cost fallacy here would be "I should eat it all to avoid wasting money." I guess you're sort of actually psychologizing OUT of that. It's still a bit fallacious, since the correct cost of the decision to not eat is actually $0, not $7.50, but I guess lying to yourself about that could be a useful mental trick.

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