The trouble with sunk cost fallacy is that it’s logical in one sense — it is aggravating to throw away hard work and investment, no matter how doomed the current prognosis is. But it really does us no favors as the overall loss can be much greater if we don’t walk away.
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Loss aversion is an interesting phenomenon. Generally speaking, loss aversion is the phenomenon whereby human beings experience greater negative emotions when they lose something than they get a positive emotional boost from gaining the same thing.
I recently published an article called “Why Do Some People Say They Want to Break Up With Someone For a Long Time & Then Never… Read More »12 More Reasons Why People Say They Want to Break Up With Someone But Never Do
It’s Harder to Walk Away From Something That Isn’t Working Out When You’ve Already Invested A Lot In It
If her doubts had started on her wedding day, I probably would have called them cold feet. But they didn’t. She started wanting to back… Read More »It’s Harder to Walk Away From Something That Isn’t Working Out When You’ve Already Invested A Lot In It
As I’ve written before, unlike a lot of other polyamorous educators, I wasn’t someone who always knew I was polyamorous. Indeed, I considered myself quite… Read More »Polyamory Helped Me Find a Community of Other Bisexual People
Skyspook Falls Through the Stairs My phone buzzes on the desk. I scoop it up. It usually would have been in my cardigan pocket, but… Read More »The Missing Stair: Don’t Just Warn People, Fix It
Setting Healthy Boundaries Without Shutting People Out Entirely Is Like Helping Someone Study But Not Letting Them Plagiarize
Hi Page, I hear a lot of talk about how it’s important to set healthy boundaries. And while I was initially very skeptical of this… Read More »Setting Healthy Boundaries Without Shutting People Out Entirely Is Like Helping Someone Study But Not Letting Them Plagiarize