The Trap of Throwing Good Money After Bad The sunk cost fallacy occurs when we use money, time, or effort we've already spent (and can't recover) as justification to keep investing in something ...

The sunk cost fallacy occurs when we use money, time, or effort we've already spent (and can't recover) as justification to keep investing in something that's clearly not working.

The Reds reinstated infielder Jeimer Candelario from the injured list Monday and designated him for assignment.

Traditional cost-benefit analyses treat wetland restoration as a one-off expense with fixed returns. New research shows this misses long-term climate and biodiversity benefits.

Traditional cost-benefit analyses treat wetland restoration as a one-off expense with fixed returns. New research shows this misses long-term climate and biodiversity benefits.

Reds cut infielder Jeimer Candelario halfway into $45 million deal: ‘Sunk cost’ By Ryan Giancola Published June 23, 2025, 7:58 p.m. ET ...