The Sunk Cost Effect and Regret

Regret is painful – but it can also be productive, pushing us to make better decisions and needed changes in our lives. Dr. Robert Leahy, author of the book “If Only…Finding Freedom From Regret,” talks about the difference between productive and unproductive regret, why some people seem to ruminate on their regrets more than others, what to do if regret is consuming your thoughts, and whether people have more regrets than they used to. For transcripts, links and more information, please visit the Speaking of Psychology Homepage.

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