Photo: FHG Photo cc2.0

The Big Yellow Taxi Fallacy

Could there be such a thing as the sunk benefit fallacy alongside the sunk cost one?

Wednesday 29 March 2017 was a day of celebration for some, and a day of deep sadness for others. For it was the day that Sir Tim Barrow, the UK’s Permanent Representative to the European Union, arrived at the European Council to hand-deliver the letter in which Prime Minister…

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Koen Smets

Koen Smets

Accidental behavioural economist in search of wisdom. Uses insights from (behavioural) economics in organization development. On Twitter as @koenfucius