CoCognitive distortions are mental processes that lead individuals to misinterpret reality and thereby shape their thoughts, emotions, and behaviors in inaccurate ways. In psychological literature, they hold a central role particularly in the treatment of depression, anxiety, and other psychological disorders. Cognitive distortions are directly linked to how individuals perceive themselves, their environment, and their future. These thought patterns are often shaped by the individual’s internal em
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The Concorde fallacy describes the tendency of individuals or organizations to continue pursuing a project that is no longer economically rational or sensible, justifying their decision by reference to prior investments. This phenomenon is a specific manifestation of the concept known in economics and psychology as the “sunk cost fallacy.” The term Concorde fallacy derives from the Concorde supersonic passenger aircraft project developed jointly by the United Kingdom and France. Despite unsustai
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