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What is the 'sunk cost fallacy'? Is it ever a good thing? (theconversation.com)

submitted 11 months ago by [email protected] to c/[email protected]

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[–] [email protected] 4 points 11 months ago

IMO, it is a fallacy because the mind couldn't distinguish if the past it is trying to compare correlates to the current situation.

It is similar to "what-about-ism" but with prices instead of other values being measured.

is it... a good thing?

there's some very situational cases where you'd actually want to fool yourself to fight a bigger issue (like laziness/ procrastination). that's why some people advise goes in a pattern like "start small" [if trying to start a new project] or "just write something" [for writer's block].