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Time sink cost fallacey
Time sink cost fallacey





time sink cost fallacey time sink cost fallacey

The longer you’ve been together, the harder it is to break up.” As one researcher put it, “Romantic relationships are a classic one. Gamblers, for example, will sometimes wage one losing bet after another because they’ve already lost so much money that they are convinced their luck will change - or desperately hope it will, at least.īut the sunk cost fallacy also plays into the way humans approach relationships. You often hear this term applied to poor financial decisions. Why? Because you’ve already invested a lot of time, money or effort into the action already. What’s the sunk cost fallacy?Įssentially, the sunk cost fallacy describes a tendency in human behavior to trudge ahead with a plan or a course of action long after it becomes apparent that the cost of doing so is outweighing the visible or known benefits. It could be the sunk cost fallacy in action. When freedom from one’s marital bonds is so easy to obtain in the era of no-fault divorces, what could possibly hold unhappily married couples? It isn’t unusual for unhappy couples to stick together long after a marriage sours. Has divorce been on your mind for a while now? Do you find your thoughts constantly drifting to what life would be like without your spouse underfoot? Would you rather be alone than spend time with your spouse?







Time sink cost fallacey