In this episode, we dive into the Sunk Cost Fallacy, where past investments cloud future decisions. Explore how this behavioral trap impacts personal and financial choices and learn strategies to break free and make rational, forward-focused decisions.

In this episode, we dive into the Sunk Cost Fallacy, where past investments cloud future decisions. Explore how this behavioral trap impacts personal and financial choices and learn strategies to break free and make rational, forward-focused decisions.

Sunk Cost: Economic Theory and Behavioral Fallacy

Learn something new every day.Mental Minute is your daily source for bite-sized knowledge and inspiration. In just 5-20 minutes, we deliver entertaining, educational insights to fuel your personal growth and stoke your curiosity. Perfect for those who crave value-packed learning on the go!And get this.. this podcasts is 100% hosted by AI! We are using NotebookLM, a Google product, to bring our ideas to reality. Hassen &amp; Zsolt come up with the content ideas, but the AI is doing the production! So enjoy!

Technology

Education

Learn something new every day. Mental Minute is your daily source for bite-sized knowledge and inspiration. In just 5-20 minutes, we deliver entertaining, educational insights to fuel your personal growth and stoke your curiosity. Perfect for those who crave value-packed learning on the go! And get this.. this podcasts is 100% hosted by AI! We are using NotebookLM, a Google product, to bring our ideas to reality. Hassen & Zsolt come up with the content ideas, but the AI is doing the production! So enjoy!

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Sunk Cost: Economic Theory and Behavioral Fallacy

Sunk Cost: Economic Theory and Behavioral Fallacy