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adamisom comments on Is Sunk Cost Fallacy a Fallacy? - Less Wrong
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There are better ways of making credible commitments than having a tendency to commit sunk cost fallacy.
For ideal agents, absolutely. For things like humans... Have you looked at the models in "Do Sunk Costs Matter?", McAfee et al 2007?
EDIT: I've incorporated all the relevant bits of McAfee now, and there are one or two other papers looking at sunk cost-like models where the behavior is useful or leads to better equilibria.