Evan Almighty — Sunk Cost Fallacy

In the Biblical story of Noah’s Ark, God decides to reset creation, sparing only Noah, his family, and pairs of animals in an ark. This decision to start anew instead of persisting in a flawed creation illustrates His ability to avoid the sunk cost fallacy, where one refrains from continuing a venture due to past investments.

‘Evan Almighty’ modernizes this theme. Evan Baxter (Steve Carell) is instructed by God (Morgan Freeman) to build an ark amid skepticism. Like God’s decision in Noah’s Ark, Evan’s choice to build the ark, disregarding past norms and expectations, mirrors the economic principle of evaluating future potential over past costs, exemplifying the avoidance of sunk costs.

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