The sunk cost fallacy can also emerge when it comes to hanging onto purchases for longer than they best serve you. Let's say you took out a car loan for $40,000, ...

Some traders fall into the sunk cost fallacy by engaging in revenge trading. Traders in this state of mind may allocate an additional $200 into a trading strategy after losing $100.

The sunk cost fallacy often muddies this inflection point—a psychological trap that tempts owners to chase poor investments or decisions, sometimes at the expense of more promising opportunities.

The sunk cost fallacy is when you throw resources into a losing venture because you've already spent time or money. S&P 500 +---% | Stock Advisor +---% Join The ...

The term sunk cost fallacy was coined in 1980 by Richard Thaler, who received a Nobel Prize in 2017 for his pioneering work in behavioral economics.

The sunk-cost fallacy shows up when people make the following kind of argument. “Since we’ve already got those useless bridges, we must continue. Otherwise, they will remain useless.” ...

The sunk-cost problem helps explain why it was so hard to end that war. It is worth considering this problem as we reflect on current wars. The sunk-cost fallacy applies in our thinking about the ...

Megan McArdle spent years in a doomed relationship. The reason, she says: She fell victim to a common economic fallacy. Our Planet Money team has a love story with an economic idea at its heart.

The sunk cost fallacy can also emerge when it comes to hanging onto purchases for longer than they best serve you. Let's say you took out a car loan for $40,000, ...