Hirosi ordered the expensive "heart attack special" at the local pub. It came with a one-pound hamburger and a full bucket of fries. Halfway through the meal, Hirosi was not feeling well. Yet according to the sunk-cost fallacy, Hirosi will likely continue until he has finished the "special."

Question

Quizplus · Accepted Answer

The sunk-cost fallacy refers to the misconception where people continue an endeavor because of previously invested resources (time, money, effort), even if it no longer serves their best interest. In this case, Hirosi might feel compelled to finish the meal despite feeling unwell, because he has already paid for it and consumed part of it.

Hirosi Ordered the Expensive "Heart Attack Special" at the Local