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Economics Everywhere | Issue 5

Posted 2:05pm Sunday 26th March 2017 by Wee Doubt

Do you ever order what turns out to be way too much food at a restaurant, and then eat it all anyway to “get your money’s worth?” As well as greed, you’ve fallen victim to the sunk-cost fallacy. You paid good money for the meal, and you don’t want to “waste” Read more...

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the sunk-cost fallacy

Founded in 1925, Critic Te Ārohi is the student magazine of the Otago University Students' Association.

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