Sunk Cost

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My Sister's A Therapist

Virginia Jones and Laura Ryan, LMFT

112 episodes

6 days ago

A licensed therapist and a comedian, who are sisters, talk mental health, pop culture, psychology, and what's happening on TikTok.

Mental Health

Health & Fitness

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All content for My Sister's A Therapist is the property of Virginia Jones and Laura Ryan, LMFT and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

A licensed therapist and a comedian, who are sisters, talk mental health, pop culture, psychology, and what's happening on TikTok.

Mental Health

Health & Fitness

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Sunk Cost

My Sister's A Therapist

37 minutes 9 seconds

2 months ago

Sunk Cost

How did Winston Churchill ruin Laura's life, and why do we hold onto cruel shoes? How the sunk cost fallacy affects jobs, relationships, and even what we wear.

References:

Why are we likely to continue with an investment even if it would be rational to give it up?

The Decision Lab

Sunk cost fallacy: behavioraleconomics.com

Sunk Cost Fallacy: Why We Can’t Let Go: Jeremy Sutton, Ph.D.