Even though the concert was horrible and he hated it after the first ten minutes,Stan stayed for the entire concert because he had paid $40 for the ticket.His behavior illustrates:
A) an elimination strategy.
B) the sunk-cost fallacy.
C) epistemology.
D) defensive realism.

Question

Quizplus · Accepted Answer

Stan's behavior illustrates the sunk-cost fallacy, which means that he continued to invest in a situation even though the outcome was not desirable because he had already invested resources (in this case, money for the concert ticket).

Even Though the Concert Was Horrible and He Hated It