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  • 24-05-2023
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Tony spent $150 on some of those mail-order Omaha Steaks. He forgets about them until they're well past the "use by date. He decides to eat them
anyway because of all the money he spent on them. This is an example of: EPF.CC.1.3
Endowment effect
O Overconfidence
O Sunk cost fallacy
O Herd Mentality
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