Re: Griffin Wants Inline SDLV and 5 Segment SRB/CEV

On Mon, 04 Jul 2005 11:45:14 -0500, in a place far, far away, Joe
Strout <joe@xxxxxxxxxx> made the phosphor on my monitor glow in such a
way as to indicate that:

>> >I'm not in favor of throwing away US investment in ISS just because it's
>> >cost so much to build.
>>
>> That's the sunk cost fallacy.
>
>I don't think that's what he meant (i.e., "because we've spent so much
>to build it, let's not throw it away"). Rather, it sounds to me like
>he's saying, "Just because it has cost so much to build, is no reason to
>throw it away," which is a perfectly sensible point.

It could be interpreted either way. Anyway, it might be a useful
statement if someone had proposed throwing it away because it cost so
much to build. I'm not aware of anyone who holds that position, so it
would seem to be a straw man.

>Put another way, what we've spent on it already doesn't matter either
>way -- what matters is whether, from this point forward, we can get more
>value out of it than it costs us to maintain.

Yes. What we've put into it to date is irrelevant.
.

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