“Lost Cause Fallacy” or the “Fallacy of Futility” [...] Does this have a standard name
“Sunk cost fallacy”
No, that’s different. That’s pursuing a reward so as to not acknowledge a loss. This is ignoring a penalty because of previous losses.
“Sunk cost fallacy”
No, that’s different. That’s pursuing a reward so as to not acknowledge a loss. This is ignoring a penalty because of previous losses.