What behavioral tendency do people often exhibit with regard to opportunity costs?

People often exhibit a tendency to overlook or underestimate opportunity costs when making decisions. This can lead to suboptimal choices, as individuals may focus more on the immediate benefits of a decision rather than considering what they are sacrificing by not choosing an alternative. Additionally, cognitive biases, such as loss aversion, can further obscure the true costs associated with their choices, causing them to prioritize short-term gains over long-term consequences.