this post was submitted on 13 Dec 2023
21 points (86.2% liked)

[Outdated, please look at pinned post] Casual Conversation

6470 readers
1 users here now

Share a story, ask a question, or start a conversation about (almost) anything you desire. Maybe you'll make some friends in the process.


RULES

Related discussion-focused communities

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 11 months ago (1 children)

The best expression is one quoted by economist Emily Oster: “If you don’t like your beer, stop drinking it.”

But if you're trying to develop an affinity for IPAs for some stupid reason, then shouldn't you keep drinking it?

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

Sure, that's future-oriented. It's stupid, but not fallacious.

But if you're just drinking it because you paid $8 and you don't want to "waste it", THAT is sunk cost fallacy.