Sunk cost "fallacy" and spite are in the past, guilt and shame in the future wrt any decision. "Irrational" only in the short term.
@robamacl yes - sunk costs are at least some evidence of past value analysis
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@sarahdoingthing I think sunk costs is an adaptation to uncertain future value, an aid to committing to something. http://humancond.org/analysis/bias/sunk_costs … -
@sarahdoingthing Haven't thought about social value of sunk costs. What's your idea? - 3 more replies
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