The Sunk Cost Fallacy: A Barrier to Rational Decision-Making
As humans, we tend to make decisions based on emotions, personal biases, and past experiences. One such bias that affects our decision-making process is the Sunk Cost Fallacy. In this article, we will delve into the concept of the Sunk Cost Fallacy, explore its real-life examples, and discuss how it can be overcome. What is […]
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