BonesOfTheMoon@lemmy.worldM to InsanePeopleFacebook@lemmy.world · 7 months agoSovcit argues with a cop, doesn't go well for sovcit.lemmy.worldimagemessage-square68fedilinkarrow-up1209arrow-down15
arrow-up1204arrow-down1imageSovcit argues with a cop, doesn't go well for sovcit.lemmy.worldBonesOfTheMoon@lemmy.worldM to InsanePeopleFacebook@lemmy.world · 7 months agomessage-square68fedilink
minus-squareFlying Squid@lemmy.worldlinkfedilinkarrow-up27arrow-down1·7 months agoOtherwise known as the sunk cost fallacy. https://time.com/5347133/sunk-cost-fallacy-decisions/
minus-squarehuginnlinkfedilinkarrow-up28·7 months agoI think technically he’s describing survivorship bias - the ones who fail out - fail out so hard they disappear (jail)
minus-squareFlying Squid@lemmy.worldlinkfedilinkarrow-up14·7 months agoGood point. In fact, it’s a bit of both. It’s a survivorship bias, but it explains the survivorship.
Otherwise known as the sunk cost fallacy.
https://time.com/5347133/sunk-cost-fallacy-decisions/
I think technically he’s describing survivorship bias - the ones who fail out - fail out so hard they disappear (jail)
Good point. In fact, it’s a bit of both. It’s a survivorship bias, but it explains the survivorship.
Sunk survivor falias.