Could a Cheaper Decision Carry a More Expensive Future?
Costs can move through time.
A traveler buys the cheapest ticket available. Weeks later, changing plans requires a large penalty fee.
The hidden mechanism is cost displacement. Some decisions reduce costs today by transferring them into the future.
Financial outcomes often depend on when costs occur, not only how large they are.
A cheap decision is not always inexpensive. Sometimes it is merely prepaid by the future.
