The Concorde effect is a situation in which a business cannot be stopped because it is afraid that its previous large investment will be wasted, even though it does not expect to make any profit by continuing in business.
relevance - sunk cost
This page is auto-translated from /nishio/コンコルド効果 using DeepL. If you looks something interesting but the auto-translated English is not good enough to understand it, feel free to let me know at @nishio_en. I’m very happy to spread my thought to non-Japanese readers.