sunk cost
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sunk cost
Summary
sunk cost ranks in the top 1% of general entities by monthly Wikipedia readership (4,944 views/month).[1]
Key Facts
- sunk cost is a type of monetary cost[2].
- sunk cost is part of availability heuristic[3].
- sunk cost is the opposite of prospective cost[4].
- sunk cost's described by source is recorded as Maot[5].
Body
Definition and Type
sunk cost is a type of monetary cost[2]. It is the opposite of prospective cost[4].
Use and Application
sunk cost is part of availability heuristic[3].
Why It Matters
sunk cost ranks in the top 1% of general entities by monthly Wikipedia readership (4,944 views/month).[1] It has Wikipedia articles in 21 language editions, a strong signal of global cultural recognition.[6] It is known by 15 alternative names across languages and contexts.[7]