Mini 21: Sunk Cost Fallacy - Psychologically Minded

What this episode covers

This week's mini-sode is about the sunk cost fallacy. This cognitive bias can make it hard to leave or give up on a bad situation because we get stuck on all the past costs. I cover some related biases and tips on how to get around this fallacy. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Sources⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ NAMI HelpLine: 1-800-950-NAMI (6264) or [email protected] ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.nami.org/help⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ NEW mental health crisis number: 988 Trans Lifeline: US (877) 565-8860 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://translifeline.org/hotline/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Follow me on Twitter ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@PsychMindedPod⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Follow me on Instagram ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@_psychologically_minded_⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Email me at [email protected]

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Frequently Asked Questions

How long is this episode of Psychologically Minded?

This episode is 21 minutes long.

When was this Psychologically Minded episode published?

This episode was published on June 11, 2024.

What is this episode about?

This week's mini-sode is about the sunk cost fallacy. This cognitive bias can make it hard to leave or give up on a bad situation because we get stuck on all the past costs. I cover some related biases and tips on how to get around this fallacy....

Can I download this Psychologically Minded episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.