How to Stay Out of the “Sunk Cost Bias” Trap
Nurse Practitioners in Business
MAY 18, 2023
Life presents us with one decision after another, every hour, every day. Some decisions are simple, others are tough. Often, we don’t have all the information to make a well-informed decision, but we need to move forward. Yet information is only one aspect of making a decision. Other factors impacting the decision-making process are our emotions and the cognitive biases we bring to the table.
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