Learn what the sunk cost fallacy is, why people stick with bad decisions, and how to recognize this bias in money, work, ...

As some Republicans express buyer's remorse about Donald Trump's selection of J.D. Vance as the “worst choice” for vice president and Joe Biden ditches his stubbornness about staying in the 2024 ...

In investing, as in life, true skill is in the wisdom to walk away when the cost of continuing becomes too high ...

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Joe Biden’s self-inflicted electoral crisis is a classic case study in the “sunk cost fallacy.” As Vice President Kamala Harris and party leaders pour resources into the president’s flailing campaign, ...

Human beings do not respond rationally to “sunk costs.” We persist in doing what we’ve always done because, well, that’s what we’ve always done. We confuse loyalty with stubbornness. We are reluctant ...

The failed M247 Sergeant York programme shows how sunk cost fallacy drives organisations to persist with flawed investments instead of cutting losses and reallocating resources more rationally ...

A young child and supporter of President Trump stands outside the White House. (Dominic Gwinn / Middle East Images / AFP/Getty Images) To the editor: Blame the advisors. When the great leader ...

Many people in long-term relationships have used the same phrase to quiet thoughts of leaving: But it’s already been so long! If I leave now, all of that time and effort will go to waste. As it turns ...