Malaysia orders one-year extension to search for missing MH370 aircraft in Indian Ocean
bairdmaritime.com
A Boeing 777 vanished in 2014 and Malaysia is still paying to find it — what does it take for a government to finally stop searching?
Sunk Cost FallacyPrincipal-Agent ProblemProspect TheoryBayesian Inference

Theory Briefing
- Malaysia has extended the MH370 search to June 30, 2027 — over 13 years after the Boeing 777 disappeared.
- An ocean exploration specialist is leading the renewed effort, targeting the Indian Ocean where signals last placed the plane.
- The decision to keep searching raises the question of when official duty to victims' families outweighs diminishing odds of success.
- Each extension resets public expectations, making a future decision to stop politically and emotionally harder than the last.