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Puzzle Palace
Manage episode 312343178 series 3212989
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Have you ever put effort into something even though you knew it was a lost cause, convinced this last push was the winning one? Or put one more $20 on the proverbial craps table of life in a last ditch effort to recover all your losses? Maybe you’ve seen an episode of Bar Rescue? In economic terms, this seductive mental vice is called the Sunk Cost Fallacy. In emotional terms, this can mean getting stuck trying to solve a hopelessly unsolvable puzzle. Carrie and Jess get their calculators out and attempt to understand the powers and pitfalls in the mathematics of redemption.
Music as always by SPELLLING https://www.spelllingmusic.com/
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