DO SUNK COSTS MATTER

Volume: 48, Issue: 2, Pages: 323 - 336
Published: Apr 1, 2010
Abstract
Let Bygones Be Bygones. --Khieu Samphan, former head of state of the Khmer Rouge government, asking Cambodians to forget the more than one million people who died under his government's rule. I. INTRODUCTION Sunk costs are costs that null already been incurred and cannot be recovered. Sunk costs do not change regardless of which action is presently chosen. Therefore, an individual should ignore null costs to make a rational choice. Introductory...
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Paper Details
Title
DO SUNK COSTS MATTER
Published Date
Apr 1, 2010
Volume
48
Issue
2
Pages
323 - 336
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