sunk costs fallacy

English

sunk costs fallacy (plural sunk costs fallacies)

The phenomenon where somebody justifies an increased investment of money or other resources based on the cumulative prior investment (the sunk costs), despite new evidence suggesting that the cost of continuing now outweighs the expected benefit.

单词	sunk costs fallacy
释义	sunk costs fallacy English Noun sunk costs fallacy (plural sunk costs fallacies) The phenomenon where somebody justifies an increased investment of money or other resources based on the cumulative prior investment (the sunk costs), despite new evidence suggesting that the cost of continuing now outweighs the expected benefit.
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