Yule Heibel's Library tagged → 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.
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