The sunk cost fallacy addresses the tendency of people to continue on a suboptimal path because they have committed a lot of time or resources to it already. Investors, for example, may double down on ...
Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. What happens when an entrepreneur realizes their project isn't delivering? It can create a ...
John T. Palter is the managing member at Palter Sims Martinez PLLC in Dallas. Mr. Palter may be contacted at [email protected]. To continue reading this content ...
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