Jana's Personal Learning Environment

Notes and thoughts from my graduate experience in IP&T

Friday, May 3, 2013

Sunk Cost Fallacy

"Since we can't recover our sunk cost, we shouldn't let them influence our decisions.  Only the future costs and future benefits should influence our decisions."
 
http://www.youtube.com/watch?v=hTNgPMuldTM&feature=youtu.be
Posted by Jana at 4:00 PM No comments:
Labels: Inspiration, Learning Skills, Strategy
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Jana
Ph.D. Candidate at BYU
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