LogFAQs > #925859806

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Topic	Why are you a Trump supporter?
Axiom 08/09/19 7:47:33 PM #5:	Sunk cost fallacy Individuals commit the sunk cost fallacy when they continue a behavior or endeavor as a result of previously invested resources (time, money or effort) (Arkes & Blumer, 1985). This fallacy, which is related to loss aversion and status quo bias, can also be viewed as bias resulting from an ongoing commitment. It's basically either this or pure stupidity at this point. Often times it's both <cite>Axiom posted [p:925859806] in Why are yo... [t:77928003]...</cite> <quote>Sunk cost fallacy Individuals commit the sunk cost fallacy when they continue a behavior or endeavor as a result of previously invested resources (time, money or effort) (Arkes & Blumer, 1985). This fallacy, which is related to loss aversion and status quo bias, can also be viewed as bias resulting from an ongoing commitment. It's basically either this or pure stupidity at this point. Often times it's both</quote> ... Copied to Clipboard!
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