Alejandro1 comments on Open Thread, September 30 - October 6, 2013 - Less Wrong Discussion
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Sunk cost fallacy spotted in an unusually pure state at unusually high levels:
I find it quite possible that what superficially looks like sunk-cost fallacy is in this case actually rational (given certain goals) for deeper game-theoretic reasons. But I am not sure if all the players are conscious of this or if some operate driven by non-consciously-rational feelings that have an underlying logic in the situation they are in. See also.