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Have you ever stayed in a relationship or a at a job longer than you should have? Or what about sitting through the worst movie ever or ate terrible food because, well...you paid for it!?! That's what this episode is all about. This is what's referred to as the Sunk Cost Fallacy. We tend to make decisions not logically about what we might gain or benefit from in the future, rather make emotionally based on what we might lose. There are some fun examples and references that you might relate to and some helpful take aways.
Ginny's Instagram: https://www.instagram.com/ginnypriem/
Ginny's Website: www.ginnypriem.com
Resources: https://youarenotsosmart.com/2011/03/25/the-sunk-cost-fallacy/
By Ginny Priem4.8
6262 ratings
Have you ever stayed in a relationship or a at a job longer than you should have? Or what about sitting through the worst movie ever or ate terrible food because, well...you paid for it!?! That's what this episode is all about. This is what's referred to as the Sunk Cost Fallacy. We tend to make decisions not logically about what we might gain or benefit from in the future, rather make emotionally based on what we might lose. There are some fun examples and references that you might relate to and some helpful take aways.
Ginny's Instagram: https://www.instagram.com/ginnypriem/
Ginny's Website: www.ginnypriem.com
Resources: https://youarenotsosmart.com/2011/03/25/the-sunk-cost-fallacy/

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