Question: Please give an example of a sunk cost fallacy, either one that you have experienced in your professional life or that of a business company.

Please give an example of a sunk cost fallacy, either one that you have experienced in your professional life or that of a business company. Describe the case. Were there other hidden decision-making traps involved? Did groupthink play a role? Which measures could have been taken in order to avoid the trap(s)?

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