The sunk Cost Fallacy

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Fractal Marketing - with Gerard Doyle

Business


A quick monologue podcast from me on ‘sunk cost’, A sunk cost is a cost that has already been incurred and cannot be recovered. Sunk costs are contrasted with prospective costs, which are future costs that may be avoided if action is taken.  Business insider ‘lottery ticket video‘ Humans may be hardwired to be loss […] The post The sunk Cost Fallacy appeared first on The marketing agency for service professionals.