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Elder Mike
eldermike.bsky.social
did:plc:rm7rvrw5djt2szor3mv34j22
Keeping Biden Phenomena!
the phenomenon whereby a person is reluctant to abandon a strategy or course of action because they have invested heavily in it, even when it is clear that abandonment would be more beneficial.
"the sunk-cost fallacy creeps into a lot of major financial decisions"
2024-07-02T10:21:44.864Z