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How to pronounce “sunk costs fallacy”
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Pronunciation guide for sunk costs fallacy
- Learning goal
- Practice the English pronunciation of sunk costs fallacy with real speech in context.
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- Definition summary
- The phenomenon where somebody justifies an increased investment of money or other resources based on the cumulative prior investment (the sunk costs), despite new evidence suggesting that the cost of continuing now outweighs the expected benefit.
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A Deep Dive Into “sunk costs fallacy”
Meaning
- [Noun]
- The phenomenon where somebody justifies an increased investment of money or other resources based on the cumulative prior investment (the sunk costs), despite new evidence suggesting that the cost of continuing now outweighs the expected benefit.
Practice Nearby Words
quasi-rent, aftercost, investment dressing, side bet, greater fool theory, unexpired cost, latte factor, siegel's paradox, accumulation, opportunity cost, dollar cost averaging, value investing, dollar-cost averaging, optionality, mud pie argument, winner's curse, panic selling, cost-benefit analysis, cost avoidance, cross-subsidy, stakebuilding, mad money, negative gearing, contingency cost, front running, stoozing, neglected firm effect, cost benefit analysis, excuseflation, cost saving, lipstick effect, experience effect, capital expense, mudflation, capital loss, diseconomy, cost overrun, skimpflation, costing, smart money, collective investment scheme, wasting investment, underconsumption, bottom fishing, oncost, cookie-jar accounting, dirty float, benefits cliff, carbon cost, cult stock, bull trap, longing, speculation, glide path, intertemporal choice, capital budgeting, risk-on, outlaying, fixed capital, diseconomies of scale, tipflation, land-sharking, negative cost, addback, optioneering, risk-off, permanent income hypothesis, expense, casino capitalism, deficit spending, buyup, animal spirits, rent-seeking, outlay, carry, extended problem-solving, capital expenditure, investment, private cost, snob effect, capital investment, landed cost, billback, accounting cost, deadwood, should-cost, payback, slippage, spending, barrier to entry, loss leader, pay-off, economies of scale, fixed cost, fiscal drag, expectations hypothesis, inflationary spiral, dumb money, absorption costing, gresham's law
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