Are sunk costs relevant to rational decision making?

As a software developer, it is very common to try to incorporate new technologies into your project, but after investing lots of time, you realize that it doesn’t make sense, would require too much effort, or simply doesn’t work. However, it is hard to step away from something you spent so much time on. To cut your losses now feels inefficient, and confirms that you just wasted the last few days, weeks, or even months. …

Alex Dunne

Software Engineer, heavily experienced with blockchain technology, React.js, and Node.js.

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