The FTC’s Sunk-Cost Social Network
The first rule of holes is supposed to be: stop digging. The sunk-cost fallacy is realized when we keep digging anyway—and then call it resolve.  We—people—often have a hard time letting a bad thing go. That’s true even for those who are well acquainted with the sunk-cost fallacy and should know better. I’ve been there. ... The FTC’s Sunk-Cost Social Network The post The FTC’s Sunk-Cost Social Network appeared first on Truth on the Market.
The skinny
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