Definition: Sunk costs are unrecoverable past expenditures. These should not normally be entranced into account when determining whether to continue a project or abandon it, because they cannot be recovered either way. It is a simple instinct to regard them, however.
(Econterms)
Terms related to Sunk Costs:
About.Com Resources on Sunk Costs:
Writing a Term Paper? Here are a few starting points for research on Sunk Costs:
Books on Sunk Costs:
Journal Articles on Sunk Costs:
0 responses so far ↓
There are no comments yet...Kick things off by filling out the form below.
Leave a Comment