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Sunk costs are never relevant in decision making. Yet, the world and our personal lives are full of examples where sunk costs heavily affected our
"Sunk costs are never relevant in decision making." Yet, the world and our personal lives are full of examples where sunk costs heavily affected our choices. Share with the class some examples youve found in your research or your personal experiences of allowing sunk costs to influence decisions. How can we prevent this bias in the future?
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