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Yule Heibel's Library tagged sunk_costs   View Popular

16 Nov 08

The Bellows » Economics for Dummies

A great post by Ryan Avent critiquing the notion of "sunk costs," particularly as (speciously) applied to suburbia. In particular, Avent shows why, when talking about suburban housing, the concept of "sunk cost" is not (or should not be) a disincentive to selling.

www.ryanavent.com/blog - Preview

the_bellows ryan_avent oil peak_oil suburbia transportation sunk_costs economics

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