As some Republicans express buyer's remorse about Donald Trump's selection of J.D. Vance as the “worst choice” for vice president and Joe Biden ditches his stubbornness about staying in the 2024 ...

Learn what the sunk cost fallacy is, why people stick with bad decisions, and how to recognize this bias in money, work, ...

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Five years ago, a friend of mine spent thousands of dollars to buy a few baseball cards of a young player he was sure would be a star. He financed the purchases with credit cards. Chances are you’ve ...

Human beings do not respond rationally to “sunk costs.” We persist in doing what we’ve always done because, well, that’s what we’ve always done. We confuse loyalty with stubbornness. We are reluctant ...

The sunk cost fallacy keeps us trapped, in careers, relationships and in life. Columnist Emma Cam reveals why cutting ties ...

Joe Biden’s self-inflicted electoral crisis is a classic case study in the “sunk cost fallacy.” As Vice President Kamala Harris and party leaders pour resources into the president’s flailing campaign, ...

In investing, as in life, true skill is in the wisdom to walk away when the cost of continuing becomes too high ...

To the editor: Blame the advisors. When the great leader disappoints, always blame the advisors (“Why MAGA’s ideologues can’t always get what they want,” July 29). After Mao Zedong died, his failings ...

A young child and supporter of President Trump stands outside the White House. (Dominic Gwinn / Middle East Images / AFP/Getty Images) To the editor: Blame the advisors. When the great leader ...