As the car industry’s largest hybrid pusher, Toyota says it is better positioned to just buy credits to close the EPA gap rather than “waste” money on BEVs, its CEO said.
Honestly it’s quite amazing how prone we all are to falling for the old sunk cost fallacy, that fallacy and confirmation bias have to be the two most popular cognitive issues for us as a species.
You would think at least one of their execs would have learned about the sunk cost fallacy in basic econ.
Honestly it’s quite amazing how prone we all are to falling for the old sunk cost fallacy, that fallacy and confirmation bias have to be the two most popular cognitive issues for us as a species.