#sunk-cost-bias

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#decision-making
Psychology
fromSilicon Canals
2 days ago

People who research every decision exhaustively before acting aren't thorough - they're trying to build a guarantee in a world that doesn't sell them because the last time they trusted their gut without evidence something expensive happened and the body never forgot the bill - Silicon Canals

Chronic overanalysis of decisions stems from past failures, leading to wasted time and missed opportunities.
Psychology
fromPsychology Today
1 week ago

Taking the Pressure Off of Decision-Making

Decision-making is often stressful due to unconscious biases and insufficient information, but clarity and self-awareness can ease the process.
Philosophy
fromThe Atlantic
3 weeks ago

How to Make Better Decisions

Decision-making quality shapes life outcomes, with two main models: heroic-visionary and technocratic, each having significant flaws.
Science
fromFast Company
1 month ago

How hesitation is a fundamental brain feature, according to neuroscientists

Hesitation is driven by uncertainty; the brain delays action when outcomes are uncertain, affecting performance from sports to daily decisions and psychiatric conditions.
Psychology
fromSilicon Canals
2 days ago

People who research every decision exhaustively before acting aren't thorough - they're trying to build a guarantee in a world that doesn't sell them because the last time they trusted their gut without evidence something expensive happened and the body never forgot the bill - Silicon Canals

Chronic overanalysis of decisions stems from past failures, leading to wasted time and missed opportunities.
Bootstrapping
fromExchangewire
1 week ago

The Importance of Confidence in an Unpredictable World

Agencies can help clients build confidence in decision-making by providing clarity, preparedness, and adaptability in uncertain business environments.
Psychology
fromPsychology Today
1 week ago

Taking the Pressure Off of Decision-Making

Decision-making is often stressful due to unconscious biases and insufficient information, but clarity and self-awareness can ease the process.
Mindfulness
fromInfoQ
2 weeks ago

Hidden Decisions You Don't Know You're Making

Decision-making is a fundamental aspect of work and life, influencing culture, relationships, and future choices.
Philosophy
fromThe Atlantic
3 weeks ago

How to Make Better Decisions

Decision-making quality shapes life outcomes, with two main models: heroic-visionary and technocratic, each having significant flaws.
Startup companies
fromSilicon Canals
2 days ago

Psychology says the people who find lasting success in business aren't the ones who mastered the habits productivity culture celebrates - they've quietly figured out that most of what business media treats as essential is noise, and the actual signal is found in a much smaller set of decisions most people overlook - Silicon Canals

Sustainable business success comes from focusing on key decisions rather than following productivity trends and hacks.
Relationships
fromSilicon Canals
3 days ago

Psychology suggests you will always push away good things if your subconscious mind doesn't believe you deserve them - and most people who do this don't recognize it as pushing, they just wonder why nothing good ever seems to stay - Silicon Canals

Self-sabotage often occurs unconsciously, pushing good things away despite a desire for improvement.
Poker
fromPsychology Today
6 days ago

What Old Psychology Can Teach Us About New Betting

Modern betting platforms leverage psychological factors to attract users, leading to widespread financial losses despite their appeal.
fromReadWrite
6 days ago

Kalshi joins SelfExclude: guide to prediction markets self-exclusion

SelfExclude.io provides users with a way to voluntarily block themselves from prediction market trading across various platforms. Instead of managing limits on each app, users can enroll once, and the restriction applies broadly.
Privacy technologies
#motivation
Careers
fromPsychology Today
2 weeks ago

The Surprising Psychology of Being First or Last

Rank affects motivation, with top and bottom performers increasing effort, while mid-ranking individuals often disengage.
Careers
fromPsychology Today
2 weeks ago

The Surprising Psychology of Being First or Last

Rank affects motivation, with top and bottom performers increasing effort, while mid-ranking individuals often disengage.
Psychology
fromSilicon Canals
4 days ago

Psychology says people who grew up poor in the 1960s and 70s develop a specific relationship to waste - they can't throw away a half-used candle or a rubber band or a piece of foil, not from habit, but because their nervous system still treats abundance as temporar - Silicon Canals

Scarcity during childhood shapes the brain's stress-response architecture, leading to lasting changes in emotion regulation and threat detection.
Marketing tech
fromFast Company
1 week ago

Retail investors are no longer following the market

Retail investors have transformed from background noise to influential market players, reshaping market dynamics and leading investment trends.
Online learning
fromEntrepreneur
2 weeks ago

The Blind Spot That Makes Companies Repeat Costly Mistakes

Companies often fail to capture decision-making reasoning, leading to repeated mistakes and lost learning when leadership changes occur.
Business intelligence
fromFortune
2 weeks ago

More people are using AI to manage their money- but they won't let it make decisions alone | Fortune

Employees embrace AI for productivity but prefer human decision-making authority.
Productivity
fromEntrepreneur
1 week ago

Is Procrastination Your Fault - or Are You Just Set Up to Fail?

Identifying the root cause of procrastination is essential for overcoming it and achieving goals.
Marketing
fromFortune
2 weeks ago

Liking corporate BS may be a sign you're bad at decision-making, Cornell expert finds | Fortune

Corporate jargon can mislead and impair decision-making, as shown by research on receptivity to corporate bulls-t.
#risk-taking
Poker
fromBusiness Matters
2 weeks ago

Why People Love Taking Chances: From Holiday Deals to Game Shows

Taking risks triggers excitement and dopamine release, motivating behavior through the anticipation of rewards.
Books
fromThe Atlantic
1 month ago

The Art of Taking Smart Risks

Intelligent risk-taking involves distinguishing between reckless behavior and brave action, with society facing pressure from industries profiting off compulsive gambling rather than meaningful risk-taking.
Poker
fromBusiness Matters
2 weeks ago

Why People Love Taking Chances: From Holiday Deals to Game Shows

Taking risks triggers excitement and dopamine release, motivating behavior through the anticipation of rewards.
Books
fromThe Atlantic
1 month ago

The Art of Taking Smart Risks

Intelligent risk-taking involves distinguishing between reckless behavior and brave action, with society facing pressure from industries profiting off compulsive gambling rather than meaningful risk-taking.
Productivity
fromFast Company
2 weeks ago

3 tips from a cognitive scientist on how to beat decision fatigue

Cognitive effectiveness is influenced by circadian cycles and decision fatigue, which can be managed through effort-accuracy tradeoff strategies.
Retirement
fromSubstack
3 weeks ago

Index Funds Aren't Boring. You're Just Addicted to Feeling Smart

Index funds provide predictable growth and often outperform complex investment strategies.
Psychology
fromSilicon Canals
1 week ago

Research suggests that high intelligence doesn't protect against bad decisions - it makes people better at constructing convincing justifications for the bad decisions they were already going to make - Silicon Canals

Higher intelligence can lead to greater polarization rather than alignment on contested facts.
Mental health
fromSilicon Canals
4 weeks ago

There's a specific kind of financial anxiety that has nothing to do with how much money you have. It belongs to people who finally became comfortable but never updated the internal math that was written during scarcity, so every purchase still runs through a threat calculator from 1997. - Silicon Canals

Financial anxiety often stems from past experiences rather than current financial realities, affecting decision-making even in improved circumstances.
Marketing
fromBrandingmag
3 weeks ago

The Pre-Purchase Fallacy: The Activation Gap That Dooms Brand Strategy

Customer retention alone cannot drive growth; acquiring new customers from competitors is essential for brand expansion and profitability.
Mindfulness
fromPsychology Today
2 weeks ago

How Financial Anxiety Clouds Your Brain

Financial worries impair cognitive functions, affecting decision-making and performance, rather than reducing inherent intelligence.
E-Commerce
fromTasting Table
1 month ago

How To Outwit The Grocery Store 'Decoy Effect' That Causes You To Overspend - Tasting Table

The decoy effect is a retail marketing tactic that manipulates customer perception of value by introducing a strategically priced third option to make expensive items appear more valuable than budget alternatives.
Mindfulness
fromPsychology Today
1 month ago

How Money Impacts Your Attention and Pleasurable Thinking

Financial scarcity reduces pleasurable thinking despite common beliefs that it increases escapist mental activity.
Philosophy
fromThe Conversation
1 month ago

Making good choices when life gets messy - practical wisdom relies on human judgment, not rules

Practical wisdom involves making sound judgments in complex situations where rules are unclear and competing values conflict.
Mental health
fromPsychology Today
1 month ago

What If Your Money Anxiety Isn't Actually About Money?

Early childhood experiences with money shape lifelong beliefs about financial security, scarcity, and sufficiency that persist regardless of adult earnings.
fromMedium
1 month ago

The justification tax

Kantar's codebase was legacy old. The kind of technical debt that isn't a line item on a sprint board but a structural reality that shapes every decision the company makes. Rebuilding the architecture to support what I'd designed would have cost more than the organization was willing to invest, regardless of the Barilla deal sitting on the table.
UX design
Real estate
fromwww.housingwire.com
1 month ago

When timing the dip goes wrong: The cost of staying on the sidelines

Waiting for perfect housing market conditions creates hidden costs through accumulated rent and missed appreciation that often exceed potential savings from lower prices or rates.
Artificial intelligence
fromFortune
1 month ago

Legendary investor Howard Marks was skeptical about AI. What it said to him about Warren Buffett and Charlie Munger left him shook | Fortune

Howard Marks experienced profound awe after Claude AI produced a sophisticated 10,000-word essay, fundamentally shifting his skepticism about artificial intelligence's genuine capabilities and comprehension abilities.
Environment
fromThe Atlantic
1 month ago

Why We Can't 'Nudge' Our Problems Away

Individual responsibility narratives and behavioral nudges shift focus from systemic solutions, making people feel morally responsible while industries avoid regulation.
Psychology
fromPsychology Today
1 month ago

The Science of Buying

Effective influence requires understanding how individuals process information, assess risk, and build trust rather than applying standardized pressure tactics.
Venture
fromEntrepreneur
2 months ago

Fear and Uncertainty Stopped Me From Investing - Here's the Simple Framework I Used to Never Hesitate Again

Act when roughly 70% confident rather than waiting for perfect certainty, because early-stage opportunities are lost to hesitation and over-analysis.
US politics
fromPsychology Today
2 months ago

When Everyone Agrees, Nobody Sees

A multicultural military harnesses immigrant experiences and diverse perspectives to strengthen national defense and improve collective decision-making.
fromSilicon Canals
2 months ago

8 shopping habits that look "cheap" but are actually signs of intelligence and discipline - Silicon Canals

We live in a world where spending freely is often seen as a sign of success. Flash your credit card without checking the price tag, and you're "living your best life." But here's what I've learned after running my own businesses and studying consumer behavior: The shopping habits that look "cheap" are actually the ones that separate the financially intelligent from those drowning in debt. The truth? Those "cheap" behaviors are about discipline, long-term thinking, and understanding the real value of money.
Business
Digital life
fromSilicon Canals
1 month ago

Psychology says people who always carry cash even though they rarely use it display these 8 traits-and most of them are connected to a generation that learned the hard way what happens when systems you trusted stop working - Silicon Canals

Cash carriers maintain physical money as insurance against system failures and to preserve spending autonomy, despite having digital payment options available.
UX design
fromMedium
2 months ago

The safest decision is rarely the right one

Data often becomes a safe substitute for judgment, enabling teams to avoid accountability and favor incremental, low-risk product choices over bolder, unproven innovations.
Retirement
from24/7 Wall St.
1 month ago

From Saver to Spender: The Retirement Shift That Trips Up Even Smart Investors

Retirees struggle psychologically with spending savings despite adequate funds, as decades of saving discipline create loss aversion that makes withdrawals feel wrong rather than purposeful.
from24/7 Wall St.
2 months ago

Three Expensive Lessons I Learned Too Late About Money

Looking back, it's easy to spot the moments where things could have gone differently. At the time, each financial decision felt justified, and sometimes even smart! Whether it was driven by optimism, pressure, or a belief that I could "figure it out later," I made choices that seemed reasonable in the moment but were costly over time. What surprised me most wasn't just the money lost, but how similar the underlying mistakes were.
Real estate
Psychology
fromSilicon Canals
1 month ago

Behavioral economists found that people with substantial savings who live modestly aren't being frugal - they've discovered that the security of untouched wealth provides more psychological satisfaction than any material display ever could - Silicon Canals

Financial security from modest spending and consistent saving provides greater psychological satisfaction than wealth displays or increased consumption.
Business
from24/7 Wall St.
2 months ago

Cramer Reminds Panicked Investors: "Stocks Don't Go Down Because People Are in a Bad Mood"

Overnight futures often reflect weekend fears, while actual intraday market moves are driven by fundamentals and earnings, not investor mood.
Mindfulness
fromPsychology Today
1 month ago

Why We Ignore Our Own Advice

People easily give advice about difficult decisions to others but struggle to follow their own wisdom when facing personal risk and discomfort.
Retirement
fromBustle
2 months ago

Why You Should Avoid Strict Budgets At All Costs

Overly strict budgets often cause deprivation and eventual overspending; a flexible, intentional budgeting approach that tracks spending and aligns with priorities supports long-term saving.
Business intelligence
fromSilicon Canals
1 month ago

The science behind decision fatigue explains why CEOs make worse calls after lunch - Silicon Canals

Decision quality deteriorates throughout the day as the brain depletes glucose reserves, causing the prefrontal cortex to default to easier options rather than optimal choices.
Mental health
fromSilicon Canals
1 month ago

Behavioral scientists found that people who describe themselves as lazy are frequently operating under a level of invisible cognitive load that would exhaust most people. What looks like avoidance is often a nervous system choosing between doing nothing and collapsing - Silicon Canals

Laziness is not a character flaw but a signal that cognitive resources are depleted by chronic stress, trauma, and decision fatigue.
Artificial intelligence
fromHarvard Gazette
2 months ago

When you do the math, humans still rule - Harvard Gazette

Mathematicians launched First Proof to test AI on recently solved research problems, showing AI excels at routine tasks but struggles with creative, conceptual breakthroughs.
Philosophy
fromPsychology Today
1 month ago

Why Expert Predictions So Often Fail

True expertise is judgment under constraints, focused on diagnosing present problems and weighing tradeoffs, not predicting uncertain futures.
Productivity
fromPsychology Today
2 months ago

The Case for Taking the Easy Path

Ease often reveals genuine strengths; concentrating effort on strengths builds deep expertise while selectively addressing essential weaknesses prevents spreading energy too thin.
Retirement
from24/7 Wall St.
2 months ago

Ramit Sethi's Guilt-Free Spending Philosophy Doesn't Work For Retirees

Spend extravagantly on what you love, cut costs mercilessly on what you don't, and pair intentional spending with consistent investing to build wealth and satisfaction.
fromFast Company
2 months ago

Why it pays to believe in luck

The oil tycoon J. Paul Getty was rumoured to have said that his three rules for how to become rich were: Rise early. Work hard. Strike oil. It's one of those eminently quotable remarks because it captures something we all know to be true, that luck and chance have as much to do with success as anything else. Yet we don't value people for their luck.
Philosophy
Mindfulness
fromPsychology Today
2 months ago

Securing the Sweet Spot for Effective Decision-Making

Missing crucial information in communication shapes outcomes; improving attention, metacognition, and deliberate pauses reduces errors and strengthens cooperation with smarter tools.
Mindfulness
fromSilicon Canals
2 months ago

Psychology says people who eat the crust first display these 6 traits about delayed gratification that predict financial success - Silicon Canals

Crust-first eating reflects a tendency toward delayed gratification linked to traits associated with financial stability and long-term decision-making.
Psychology
fromPsychology Today
2 months ago

Confirmation Bias and the Choices We Make

Confirmation bias leads people to interpret the same events differently, complicating truth-finding during misinformation while open-mindedness and better methods can improve accuracy.
Psychology
fromSilicon Canals
2 months ago

Why you keep buying things you don't need-and how to stop, according to experts - Silicon Canals

Emotional states and dopamine-driven reward responses fuel impulsive, unnecessary purchases, causing repeated overspending despite awareness and intentions to save.
fromSilicon Canals
2 months ago

Psychology says people who always pay with exact change display these 7 personality traits that go beyond just being organized - Silicon Canals

They're displaying a fascinating set of personality traits that go much deeper than having their finances sorted. 1) They have exceptional impulse control Think about what it takes to always have exact change ready. You need to resist the urge to spend those coins on vending machines or leave them as tips. You have to plan ahead, knowing what you'll buy and preparing accordingly.
Psychology
Psychology
fromPsychology Today
2 months ago

How You Decide If Something Is Expensive

False urgency, social comparison, and lifelong financial anchors distort perceived value, leading to purchases that prioritize short-term emotion over long-term utility.
Psychology
fromPsychology Today
2 months ago

Too Optimistic in Time Planning?

People systematically underestimate task completion time (planning fallacy), causing delays and costs; time management improves by grounding plans in past experience and social consequences.
Psychology
fromPsychology Today
2 months ago

The Psychology of Holding On to Beliefs

Beliefs tie to identity and belonging, resist direct challenge, and change slowly through emotionally safe relationships and education addressing emotion, meaning, and uncertainty.
Psychology
fromPsychology Today
2 months ago

Can the Mere Sight of Something Tempting Affect Your Memory?

Heavier drinkers show attention narrowing: alcohol images are remembered better but impair memory for immediately subsequent items.
Psychology
fromMedium
4 years ago

Draw Little Conclusions, Not Big Ones

Avoid drawing broad conclusions from single negative events because overgeneralizing can lead to unnecessary, lasting losses and missed opportunities.
fromPsychology Today
2 months ago

Daily Prophets: How Your Brain Predicts the Future

I am a worrier, and have been for most of my life. At some point, someone dear and smart teased me that I worry about the wrong things. The things that hit me, she noted, were never the things I worried about. For a while that left me feeling like an incompetent worrier-until my research caught up. I realized that the things I worry about often don't end up hurting me precisely because worrying helps me diffuse them ahead of time.
Psychology
Psychology
fromSilicon Canals
2 months ago

Why some high earners stay broke: it's not about income, it's about discipline - Silicon Canals

High earners often overspend due to lifestyle creep and hedonic adaptation, causing six-figure salaries to vanish and resulting in debt and financial instability.
fromPsychology Today
2 months ago

The Cause Illusion

Ever since our ancestors first stood upright and squinted at the horizon, we've been wired to notice patterns. A rustle in the grass might have meant a stalking predator. Dark clouds often meant rain. Those who made these connections and guessed that one thing caused another tended to survive. Over time, this ability to link events became one of our most significant evolutionary advantages. It's how we built tools, tamed fire, and eventually invented Wi-Fi.
Psychology
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