The Sunk Cost Fallacy describes our tendency to persist in situations we dislike because of the time and effort already invested. This article explores how this fallacy impacts both careers and relationships, with expert insights and real-life examples.
Results for: Decision-Making
The LA Clippers’ lackluster performance in Game 2 of their first-round series against the Dallas Mavericks has drawn criticism from the Gil’s Arena panel, with Kawhi Leonard’s subpar offensive display being a major concern.
Gilbert Arenas specifically highlighted a moment in the fourth quarter where Leonard called for an iso play against Luka Doncic but missed an atrocious shot from mid-range. Arenas believes that Leonard should have passed the ball to a wide-open Norman Powell in the corner, similar to what Nikola Jokic or Russell Westbrook would have done.
Leonard’s decision-making has been questioned throughout the game, with Arenas arguing that he opted for personal glory over the right play. The Clippers now face the daunting task of winning at least one game in Dallas if they want to keep their title hopes alive.
Critical thinking is essential for success in the modern workforce. By practicing questioning, considering perspectives, and refining biases, individuals can enhance their critical thinking abilities. This elevates their decision-making, problem-solving, and workplace relationships. Embracing adaptability and seeking organizations that value critical thinking empowers professionals to thrive in an ever-evolving job market.
Today’s Full Moon in Scorpio brings forth a moment of self-reflection and judgment. Pay attention to your emotions and avoid any confrontations. Embrace the opportunity to gain insights into your true self and be open to new possibilities.