sunk cost bias
Definition
Expenses paid for previously that are not affected by current or future decisions and costs that should be ignored when analyzing new investment activities.
Related Articles
- "Sell Covered Call" Option Investment Strategy *
- An Overview of Retirement Planning *
- Market Timing Strategy of Buying Stock *
- Currency Pairs *
- What is a Savings and Loan Association? *
- Understanding Wills and Trusts *
- Basics of The Value Investing Stock Strategy *
- Index Funds and ETFs *
Related Videos
http://www.businessdictionary.com/definition/sunk-cost-bias.html
