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Can't Let Go: Why We Stay in Failing Projects, Relationships, and Businesses-and How to Walk Away Before You Lose Everything - Softcover

Blackwood, Simon

 
9781804281895: Can't Let Go: Why We Stay in Failing Projects, Relationships, and Businesses-and How to Walk Away Before You Lose Everything
Softcover
ISBN 10: 1804281891 ISBN 13: 9781804281895
Verlag: Readers First Publishing LTD, 2026

Inhaltsangabe

In *Can't Let Go*, author Simon Blackwood explores the sunk cost fallacy-the hidden mechanism that keeps us funding failing ventures long after every rational signal says stop. Rather than offering generic advice about "cutting your losses," this book uncovers why even experienced decision-makers-engineers, executives, investors, military strategists-continue pouring resources into projects, relationships, and strategies that havealready demonstrably failed. Drawing on behavioral science and organizational psychology, Simon Blackwood reveals how the same cognitive error operates across seven independently documented cases: from the Concorde supersonic jet program that became synonymous with the fallacy itself, to a $6 billion nuclear plant that never sold a single watt of electricity, to a pharmaceutical trial that kept enrolling despite discouraging results, to a nine-year war and a marriage both sustained by what had already been invested rather than what remained possible. - Why a trader on a modern floor-designed for instant, unemotional repricing-still holds a losing position longer than a winning one - The Shoreham Nuclear Power Plant: sixteen years of construction, full-power testing in 1986, decommissioned in 1989 without ever entering commercial operation - How the Concorde flew paying passengers for the first time in 1976-years after the financial catastrophe was obvious to everyone involved - The distinction between the sunk cost fallacy and loss aversion, and why confusing them makes the bias harder to escape - What a criminal prosecution, a pharmaceutical trial, and a corporate technology strategy have in common when the case for continuing has evaporated

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Verlag
Readers First Publishing LTD
Erscheinungsdatum
2026
Sprache
Englisch
ISBN 10 
1804281891
ISBN 13 
9781804281895
Einband
Taschenbuch
Anzahl der Seiten
198
Kontakt zum Hersteller
Nicht verfügbar
Verantwortliche Person
gpsr@libri.de
gpsr@libri.de

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