{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Superhero Ethics","title":"Sunk Cost Fallacy","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/d43670c7\"></iframe>","width":"100%","height":180,"duration":3853,"description":"Thanos says he “had to” sacrifice Gamora. Vader tells Luke it’s too late to turn back. Professional poker player Paul Hoppe joins Matthew Fox to dig into the sunk cost fallacy, the bias that convinces us that because we’ve already paid a price, we have to keep paying it, and to test that idea against real poker hands as much as comic book ones.\nThey trace “don’t throw good money after bad” out of the casino and into relationships people stay in too long, then out further still, into the Pentagon Papers and a naval arms race that helped start World War One. Running through most of it is the same reason people won’t budge: the fear of hearing “I told you so.” Is staying the course ever actually the right call? Paul and Matthew push back on their own thesis before they’re done.\nFull show notes and resources\nGet Paul’s book, “Friday Night Is My Monday Morning, Volume One” (40% off with code SHE400): ZenMadman.com","thumbnail_url":"https://img.transistorcdn.com/x_YXWsChezdkDNW3t1cgO9C0oAYQkeToFWhABhNQllA/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzM5NjEwLzE2OTM2/OTYxOTYtYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}