Reply to thread

Message

<blockquote data-quote="Umbran" data-source="post: 8193247" data-attributes="member: 177">Oh.&nbsp; Perhaps you misunderstand the fallacy?A &quot;sunk cost&quot; is a cost that has already been incurred, that cannot be recovered.&nbsp; Sure, you can sink resources into learning a game.The fallacy is in, &quot;Since I have sunk this cost, I should stick with this product/project.&quot;&nbsp; The fallacy is that the sunk cost should have any bearing on how you move forward.&nbsp; In fact, the sunk cost does not increase the likelihood or value of success or benefit going forward.If your computer is on the fritz, and you paid $400 for repairs and it still doesn't work, that $400 should not be part of the calculation on whether you spend more money to repair the machine, or just get a new machine.&nbsp; Say you just finished a D&amp;D campaign, and spent hundreds of hours on it.&nbsp; The time and money you spent on that campaign does not tell you whether or not you should pick up Savage Worlds for your next campaign.&nbsp; The next campaign should be analyzed for its own cost and merits, not the costs sunk in the past.</blockquote>

[QUOTE="Umbran, post: 8193247, member: 177"] Oh. Perhaps you misunderstand the fallacy? A "sunk cost" is a cost that has already been incurred, that cannot be recovered. Sure, you can sink resources into learning a game. The fallacy is in, "Since I have sunk this cost, I should stick with this product/project." The fallacy is that the sunk cost should have any bearing on how you move forward. In fact, the sunk cost does not increase the likelihood or value of success or benefit going forward. If your computer is on the fritz, and you paid $400 for repairs and it still doesn't work, that $400 should not be part of the calculation on whether you spend more money to repair the machine, or just get a new machine. Say you just finished a D&D campaign, and spent hundreds of hours on it. The time and money you spent on that campaign does not tell you whether or not you should pick up Savage Worlds for your next campaign. The next campaign should be analyzed for its own cost and merits, not the costs sunk in the past. [/QUOTE]

Verification