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mk (mk@mastodon.satoshishop.de)'s status on Sunday, 29-Sep-2024 23:18:51 JST

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mk (mk@mastodon.satoshishop.de)'s status on Sunday, 29-Sep-2024 23:18:51 JST mk
in reply to
- BleuKitty :verified: 😺
@Bleukitty
"watch all those who thought I was nutz!"
yeah..watch them tell you that X was never in question and they always knew it was true.
because of the sunk cost fallacy
https://mastodon.satoshishop.de/@mk/111031250073009269
and recall bias
https://mastodon.satoshishop.de/@mk/112197690474384110
In conversation about 2 months ago from gnusocial.jp permalink
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  mk (@mk@mastodon.satoshishop.de)
  
  from mk
  
  @AnungIkwe@spinster.xyz "sunk cost fallacy, where people justify increased investment in a decision, based on the cumulative prior investment, despite new evidence suggesting that the decision was probably wrong." https://en.wikipedia.org/wiki/List_of_cognitive_biases
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  mk (@mk@mastodon.satoshishop.de)
  
  from mk
  
  what is Recall bias? "recall bias is a systematic error[..]by study participants regarding events or experiences from the past" https://en.wikipedia.org/wiki/Recall_bias

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