What Is a Sunk Cost—and the Sunk Cost Fallacy? - Investopedia
2024年6月2日 · A sunk cost is an expense that cannot be recovered by additional spending or investment. Businesses should be careful to exclude sunk costs from future decisions because...
Sunk cost - Wikipedia
In economics and business decision-making, a sunk cost (also known as retrospective cost) is a cost that has already been incurred and cannot be recovered. [1] [2] Sunk costs are contrasted with prospective costs, which are future costs that may be avoided if action is taken. [3]
Sunk Cost - Overview, Examples, Fallacy, Applications
A sunk cost is a cost that has already occurred and cannot be recovered by any means. Sunk costs are independent of any event and should not be considered when making investment or project decisions.
Sunk cost | Opportunity Cost, Rational Decision-Making
2024年10月19日 · sunk cost, in economics and finance, a cost that has already been incurred and that cannot be recovered. In economic decision making, sunk costs are treated as bygone and are not taken into consideration when deciding whether to continue an investment project.
How to Recognize Sunk Costs - Investopedia
2024年10月7日 · Sunk costs are expenses that have already been incurred and cannot be recovered, influencing both personal and business decisions despite their irrelevance to future choices.
Sunk Cost Dilemma: What It Means, How It Works, and Example - Investopedia
2023年10月3日 · The Sunk Cost Dilemma is a formal economic term that describes the emotional difficulty of deciding whether to proceed with or abandon a project when time and money have already been spent,...
21 Sunk Costs Examples (The Fallacy Explained) - Helpful Professor
2023年10月21日 · Sunk costs are expenses that cannot be recovered and are often overlooked when making decisions. Examples of sunk costs include advertising, training, and marketing expenses, as well as the opportunity cost of resources.
Sunk Costs | Extensive Look With Examples and FAQs - Finance …
2024年1月31日 · What are sunk costs? How do they impact decision making? Learn about these and other questions in our comprehensive guide with examples and FAQs.
What are sunk costs? Definition and meaning - Market Business …
Sunk costs, also known as retrospective costs, refers to money that has been spent or committed and cannot be recovered. In other words, when what you have done cannot be undone – financially speaking.
Sunk Costs Definition & Examples - Quickonomics
2024年9月8日 · Definition of Sunk Costs. Sunk costs refer to the expenditures that have already been made and cannot be recovered. These are costs that have occurred in the past and are irrespective of future events or outcomes.