Problems with "The Sunk Costs Fallacy"

[The Voice of Time]

http://www.youtube.com/watch?v=vpnxd31y0Fo

2:49 minutes

I find a problem with taking this fallacy seriously.

First of all because the thoughts "I've already walked 10 blocks now there's only 10 more blocks left to the next store" and "I shouldn't let them go to waste" doesn't necessarily mean you reason based upon what you already have done, this could in fact be just a coincidental manner of articulation, instead you reason upon the course you've already taken, and having been on that course you've accumulated an advantage for which you can readily use. In other words, the sentence doesn't mean merely what it says: it means you've got an option for profiting.

[Impenitent]

of course you can choose not to profit... give away your earnings...

of course you can choose to profit even more...

-Imp

[The Voice of Time]

of course you can choose not to profit... give away your earnings...

uhm... hard to "give away" 10 blocks of walk you've already done ^^ That was a bit of a weird answer...

[Impenitent]

of course you can choose not to profit... give away your earnings...

uhm... hard to "give away" 10 blocks of walk you've already done ^^ That was a bit of a weird answer...

so you don't have the option?

profitable indeed...

-Imp

[The Voice of Time]

so you don't have the option?

profitable indeed...

-Imp

No, you can't give away things that have happened... because... well... they've already happened, time has already been consumed sort-of, already spent. So, yes, profitable, though I'm not sure we're talking about the actual subject or the fallacy in question in the video.