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INCONTINENCE, HONOURING SUNK COSTS AND RATIONALITY

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2010 Suarez et al.pdf155.91 KBAdobe PDF Download

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Honoring sunk costs is a typical example of a widespread form of irrational behavior. How to make sense of it? In this essay, I suggest that, at least under some circumstances, behaviors of honoring sunk costs admit being interpreted as a rational form of incontinent behavior.

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Rationality, Honoring Sunk Costs, Incontinence

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Zilhão, A. 2010. “Incontinence, Honouring Sunk Costs, and Rationality”. In Suaréz, M., Dorato, M. & Rédei, M. (eds.): Philosophical Issues in the Sciences – Vol. 2. Heidelberg: Springer Verlag, 2010, pp. 303-310.

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Springer Verlag

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