Examlex
The sunk costs error occurs when decision makers forget that current choices cannot correct the past.
Materialism
a philosophical position that holds physical matter as the only or fundamental reality and discounts any independent existence of mental states or consciousness.
Idealism
A philosophy that emphasizes the primacy of ideas and ideals in interpreting experience and guiding actions, often contrasted with materialism.
Scorched Earth Policy
A military strategy that involves destroying anything that might be useful to the enemy while advancing through or withdrawing from an area.
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