Problems with "The Sunk Costs Fallacy"
Posted: Wed Sep 25, 2013 8:27 pm
http://www.youtube.com/watch?v=vpnxd31y0Fo
2:49 minutes
I find a problem with taking this fallacy seriously.
First of all because the thoughts "I've already walked 10 blocks now there's only 10 more blocks left to the next store" and "I shouldn't let them go to waste" doesn't necessarily mean you reason based upon what you already have done, this could in fact be just a coincidental manner of articulation, instead you reason upon the course you've already taken, and having been on that course you've accumulated an advantage for which you can readily use. In other words, the sentence doesn't mean merely what it says: it means you've got an option for profiting.
2:49 minutes
I find a problem with taking this fallacy seriously.
First of all because the thoughts "I've already walked 10 blocks now there's only 10 more blocks left to the next store" and "I shouldn't let them go to waste" doesn't necessarily mean you reason based upon what you already have done, this could in fact be just a coincidental manner of articulation, instead you reason upon the course you've already taken, and having been on that course you've accumulated an advantage for which you can readily use. In other words, the sentence doesn't mean merely what it says: it means you've got an option for profiting.