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Episode 13: The Sunk Cost Fallacy
Manage episode 163856021 series 1288272
What does former first-round draft pick Greg Oden have to do with the sunk cost fallacy? Do decisions related to playing time and survival in the NBA have more to do with draft position than on-the-court performance? And why does our initial investment of time, effort, and money affect our decisions?
19 episode
Episode 13: The Sunk Cost Fallacy
The Alanis Business Academy Podcast: Business Education for Everyone Else | Matthew Alanis
Manage episode 163856021 series 1288272
What does former first-round draft pick Greg Oden have to do with the sunk cost fallacy? Do decisions related to playing time and survival in the NBA have more to do with draft position than on-the-court performance? And why does our initial investment of time, effort, and money affect our decisions?
19 episode
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