Behavioral & Decision Making
Sunk Cost Fallacy
The tendency to continue an endeavour due to previously invested resources (time, money, effort) that cannot be recovered, rather than future value.
In plain language
People factor in past investments when making future decisions, even when those investments are irrecoverable. Progress bars exploit this deliberately.
In the wild
Implementations of this model aren’t wired to this view yet — they live in the implementations table.
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