noun
Concorde fallacy; sunk cost fallacy
A cognitive bias where people continue investing in a failing project because they have already invested resources, named after the Concorde supersonic aircraft project.
コンコルド効果によって、失敗が明らかなプロジェクトにさらに資金を投入してしまうことがある。
Due to the Concorde fallacy, people sometimes pour more money into a project that is clearly failing.