Track artwork

Why We Stay When We Know We Should Leave

The Takeaway on May 20, 2013 16:10

Stats for this track

This Week Total
Plays 56
Comments 1
Favoritings 3

Uploaded by

  • Report copyright infringement

    In 1 Set

    More tracks by The Takeaway

    About Anita

    The Diagnosis

    Being a Sick Grandmother

    Sharing Her Story

    About Crystal

    View all

    We’ve all found ourselves in bad situations, and chosen not to get out. On a personal level, those situations might be a bad jobs or unfulfilling relationships. On a bigger level, they might be international conflicts or government cover-ups. But regardless of scope, one question persists: Why is it that we so often stay, and for so long? To quote Kenny Rogers: Why don’t we know when to walk away, or for that matter, know when to run?
    Turns out there’s a reason, and that reason has a name. It’s called “the sunk cost fallacy.”
    Daniel Molden is an associate professor of social psychology at Northwestern University who specializes in motivated judgment decision making, and he knows a lot about why we stay when it's not in our best interest. 

    For more, go to: http://www.thetakeaway.org/2013/may/20/why-we-stay-when-we-know-we-should-leave/

    1 Comment

    1 timed comment and 0 regular comments

    Add a new comment

    You need to be logged in to post a comment. If you're already a member, please or sign up for a free account.

    Share to WordPress.com

    If you are using self-hosted WordPress, please use our standard embed code or install the plugin to use shortcodes.
    Add a comment 0 comments at 0.00
      Click to enter a
      comment at
      0.00