Principlev1PR-1200
Evaluate commitments using the fresh-eyes test
would you choose to begin this commitment today with full current knowledge but no prior investment?
Why This Is a Principle
Derives from Losses loom larger than equivalent gains in human… (losses loom larger than gains), Humans escalate commitment to failing courses of action… (humans escalate commitment when personally responsible), and Belief Perseverance Against Contradictory Evidence (cognitive systems maintain existing beliefs despite contradictory evidence). This prescribes a specific decision procedure that neutralizes sunk cost bias by removing past investment from the evaluation frame.