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If we were rational, we would just compute the odds of succeeding from this point forward and then decide if the investment warrants the potential payoff. But we are not rational--not in love or war or business--and this particular irrationality is what economists call the "sunk-cost fallacy." tags bush mistake error war politics lies*For galoot picked by dollyllama 12 months ago |
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Does anyone notice a trend in the Bush administration: 4 comments edit related share politics
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