Blogs about: Sunk Cost
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If you are asking entrepreneurs to be rational
What is the biggest resource an entrepreneur can waste? According to Kevin Ready, author of “Startup: An Insider’s Guide to Launching and Running a Business, it is not money. Ready says i… more →
Iterative Path
The Cost of Time Before 'I DO'
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wrote 3 weeks ago: Source: thefashionrecords.com In a cost accounting workshop while in Belgium, the very enthusiastic … more →
Why My Wedding Blogging Hobby Didn't Last
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wrote 2 months ago: Photo courtesy of Sam Fam I may hold the record as the world’s shortest hobbyist. I get intere … more →
If you are asking entrepreneurs to be rational
wrote 2 months ago: What is the biggest resource an entrepreneur can waste? According to Kevin Ready, author of “ … more →
When is a Cost Sunk?
wrote 2 months ago: Any economist will say that you should not make decisions based on a sunk cost. In the classic examp … more →
The sunk cost fallacy
wrote 2 months ago: I love this blog, and this article especially speaks to a lot of what I’ve been thinking about … more →
The Sunken Cost Dilemma
wrote 3 months ago: The concept I want to introduce today is sunk costs. A sunken cost simply refers to a cost that can’ … more →
"The Upside of Quitting"
wrote 4 months ago: Here is our second podcast review. This one is from Freakonomics Radio: Freakonomics Radio – “The U … more →
Mental Accounting and Other Errors in Home Buying
wrote 4 months ago: Image via Wikipedia Homeownership – the American Dream. The one that contributed significantl … more →
Human (ir)rationality: A few thoughts
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wrote 6 months ago: People are fascinating. They smoke, take drugs, gamble, have unprotected sex (not necessarily in thi … more →
Sunk cost
wrote 7 months ago: Let’s say you bought an apartment for 40 lakhs. Now you are in a position where you need to take a d … more →
Learning To Fail
wrote 7 months ago: “Failure is simply a few errors in judgement, repeated everyday.” Jim Rohn I recently li … more →
Should I quit Twitter? Pt. 1
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wrote 7 months ago: A couple of things I remember from economics in college — Sunk cost & opportunity cost. And I … more →
Groupon for Grad School Tuition
wrote 8 months ago: On September 5, a deal was made public on Groupon, advertising a discount on graduate school tuition … more →
National Prohibition, that so-called "Noble Experiment," only lasted thirteen years
wrote 11 months ago: The War on Drugs, on the other hand, turns 40 on Friday. NPR points out (H/T Uncle) that the spendin … more →
the sunken cost fallacy
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wrote 11 months ago: i’m horrible at gambling. i don’t gamble because: i hate to lose money, no matter how s … more →
Sunk Costs should not affect decision making
wrote 1 year ago: I had gone for a music concert yesterday evening with my wife. It was a great show – but it ra … more →
Know When to Fold 'em (The Joys of Sunk Costs)
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wrote 1 year ago: I am a songwriter. I am a music producer. I am a photographer. Whether I’m working on a new tr … more →
The Sunk Cost Fallacy
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wrote 1 year ago: The Misconception: You make rational decisions based on the future value of objects, investments and … more →
Cloud and stranded costs - turning obstacle into opportunity
wrote 1 year ago: In dealing with clients who want to understand the business case for Cloud, the issue of stranded or … more →
