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Social Science Bites

Katy Milkman on How to Change

Feb 3, 2025
Katy Milkman, a Professor at The Wharton School and co-founder of the Behavior Change for Good Initiative, dives into the intriguing world of behavior change. She discusses overcoming psychological barriers like present bias and impulsivity, offering strategies such as temptation bundling. Katy also shares insights on the effectiveness of financial incentives in establishing exercise habits and the power of bite-sized goals for sustained progress. Additionally, she highlights how social accountability can significantly enhance fitness attendance and improve academic success.
35:21

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Quick takeaways

  • Understanding psychological barriers such as present bias and forgetfulness is essential for developing effective strategies to change behavior.
  • Establishing clear, measurable goals and leveraging social dynamics can significantly enhance motivation and accountability in achieving personal objectives.

Deep dives

The Challenges of Behavioral Change

Changing behavior is often more complicated than simply deciding to do so, as there are multiple psychological barriers that can impede progress. These barriers include present bias, where immediate gratification is prioritized over long-term goals, leading to procrastination in tasks like exercise or saving money. Additionally, habits and forgetfulness play significant roles; when external cues are absent, maintaining focus on goals becomes difficult. Understanding these internal obstacles can empower individuals to develop strategies to overcome them effectively.

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