Sunk cost fallacy
From Lesswrongwiki
Letting past investment (of time, energy, money, or any other resource) interfere with decision-making in the present in deleterious ways.
Blog posts
- Sunk Cost Fallacy by Zack M. Davis
- Sunk Costs Fallacy Fallacy by nyan_sandwich
- Is Sunk Cost Fallacy a Fallacy? by gwern