Evidence receipt / evaluation
Published · transcript-backedDaniel Kahneman: evaluation
19 Dec 2018 Conversations with Tyler Daniel Kahneman on Cutting Through the Noise
“I think sunk cost is really the enemy when you’re doing research, innovative research.”
Source trail
Everything needed to verify it.
- Speaker
- Daniel Kahneman
- Attribution
- Verified speaker
- Claim type
- evaluation
- Recorded
- 19 Dec 2018
- Publisher
- Conversations with Tyler
Transcript context
…Because of sunk costs. Because of sunk costs. I think sunk cost is really the enemy when you’re doing research, innovative research. You’re to recognize that something isn’t working and just move on. And there are different views on that, but my sense is that this is the direction of the bias, yeah, sunk costs. Michael Nielsen is a scientist, and he works at Y Combinator. He tweeted today, “If it weren’t for sunk costs and my respect for them, I wouldn’t ever get anything done.” What do you think? [laughter]…
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