sunk costs fallacy
sunk costs fallacy noun: the systematic tendency to allow unrecoverable past investments of time, money, or effort to affect a forward-looking decision, thereby continuing a project even when expected future costs exceed expected future benefits.
Noun
sunk costs fallacy (plural sunk costs fallacies)
- The systematic tendency to allow unrecoverable past investments of time, money, or effort to affect a forward-looking decision, thereby continuing a project even when expected future costs exceed expected future benefits.
Forms of sunk costs fallacy
| plural | sunk costs fallacies |
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Questions about sunk costs fallacy
- What does sunk costs fallacy mean?
- Sunk costs fallacy means the systematic tendency to allow unrecoverable past investments of time, money, or effort to affect a forward-looking decision, thereby continuing a project even when expected future costs exceed expected future benefits.
- What part of speech is sunk costs fallacy?
- Sunk costs fallacy is a noun.
- What is the plural of sunk costs fallacy?
- The plural of sunk costs fallacy is sunk costs fallacies.
Words near sunk costs fallacy in the dictionary
Source and license
Adapted from Wiktionary: sunk costs fallacy (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “sunk costs fallacy.” Word.ws, https://word.ws/sunk_costs_fallacy. Based on Wiktionary, CC BY-SA 4.0.
