Sunk Cost Fallacy
The tendency for individuals to continue a behavior or endeavor as a result of previously invested resources (time, money, or effort) rather than future potential benefits.
The tendency for individuals to continue a behavior or endeavor as a result of previously invested resources (time, money, or effort) rather than future potential benefits.
Impact, Confidence, and Ease of implementation (ICE) is a prioritization framework used in product management to evaluate features.
A decentralized digital ledger that records transactions across many computers in a way that ensures the security and transparency of data.
A type of bias that occurs when the observer's expectations or beliefs influence their interpretation of what they are observing, including experimental outcomes.
The worth of something based on its ability to help achieve a desired end or goal.
A behavioral economics model that explains decision-making as a conflict between a present-oriented "doer" and a future-oriented "planner".
Readability is a design principle that emphasizes making text easy to read and understand.
An approach to design where content is prioritized and designed before other elements like layout and visual design.
A design concept where digital interfaces incorporate elements that resemble their real-world counterparts to make them more intuitive and familiar to users.