Sunk cost "fallacy" and spite are in the past, guilt and shame in the future wrt any decision. "Irrational" only in the short term.
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@sarahdoingthing Mind expanding a bit on sunk costs? -
@simplic10 becoming more committed to a thing, group, enterprise etc. the more energy/resources you expend toward it - 1 more reply
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@sarahdoingthing sunk costs also assumes accurate knowledge of current/future value. Only in economics experiments, rare in real life. -
@robamacl yes - sunk costs are at least some evidence of past value analysis - 5 more replies
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@okayultra only at a low enough frequency to keep the whole horrible game running - hence sociopaths - 3 more replies
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