Sometimes the comfort of familiarity keeps us trapped in old stories. Sunk cost bias tricks us into thinking walking away means failure. Dive into the psychology behind it here: open.substack.com/pub/houstonh... #SunkCostBias #DecisionMaking #MentalHealth #LettingGo #MindsetShift
When is it time to move on from a project? When you no longer see the benefits and only want to recoup your losses:
www.davewirthmusic.com/blog/sunk-co...
#sunkcostbias #bias #creativity #creativeproductivity #art #music #learning #lifelessons
Researchers found that romantic cues increase men’s tendency to stick with prior investments, even in unrelated decisions, due to goal-focused thinking, while women are less influenced by such cues because of… #SunkCostBias #MatingPsychology #GenderDifferences #RomanticCues #InvestmentBehavior
Gr8 new Blog Post #HCLDR @Colin_Hung - "Planning for Failure in Healthcare" hcldr.wordpress.com/2016/04/03/planning-for-... #MondayMotivation #HITsm #SunkCostBias