"The original decision-maker may have had more knowledge than you do ... sometimes even if that decision-maker was you. In which case it can make a great deal of sense to use the sunk cost as a proxy measure of value." https://unenumerated.blogspot.com/2012/08/proxy-measures-sunk-costs-and.html …https://twitter.com/StephenPiment/status/946450832936988672 …
Knowledge, and especially the knowledge available to proximate reasoning, is much more complicated than that; it can be almost as easily lost as gained.
