paper-machine comments on Is Sunk Cost Fallacy a Fallacy? - Less Wrong

19 Post author: gwern 04 February 2012 04:33AM

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Comment author: [deleted] 05 February 2012 06:23:58AM *  1 point [-]

Sniffnoy claims that gwern has argued "that the sunk cost fallacy is a mode of reasoning which doesn't often occur, rather than one that is valid."

Actually, what gwern has argued is that while the sunk cost fallacy is often used as an heuristic there is little evidence that it is sound to do so in real world situations. This also seems to be what you've said, but it is not what Sniffnoy has said.

Hence my confusion.

On a side note, I don't really understand your qualms with the title, but that's less important to me.