Sunk Cost Fallacy

People generally put in more investment into a failing thing to win back the investment that has already gone in.

Tagged With: Cognitive Bias, Need to Act fast, We want to finish things, decision-making, fallacy,

Appeal to novelty

We believe that things are better just because they are new.

Tagged With: Cognitive Bias, Favor immediate, known things, fallacy,

Anecdotal fallacy

We believe that personal experience/anecdotal examples trumps data or logical argument.

Tagged With: fallacy, Need for Meaning, Find patterns with little data,