Sunk cost fallacy
Individuals commit the sunk cost fallacy when they continue a behavior or endeavor as a result of previously invested resources (time, money or effort) (Arkes & Blumer, 1985).
Applying this rule to the Flames, I do not think it would be smart to spend more valuable assets on band-aid solutions to the Flames just so they can make the playoffs just because we traded a non-lottery-protected 1st round pick to the Islanders to get Hamonic and make the playoffs.
I think the Flames should take the emotion out of it and make smart decisions that will make the team better beyond this year. If they do not make the playoffs, that would be bad, but it would be much worse to trade away even more assets just to get into the playoffs (or not) and lose out in the first round.
|