
Sign up to save your podcasts
Or


In life and work, we have a hard time changing course. When we wind up in a miserable job, a failing project, or a floundering romantic relationship, we rationalize, make excuses, and stick with our bad decisions—even when the writing's on the wall. Why? Usually we assume the driving force is sunk costs: we don't want to admit we've wasted that time or money. But in fact, the root of our stubbornness is a psychological trap called “escalation of commitment.” Once we understand that, we can start taking steps to protect ourselves from… well, ourselves. This is an episode of WorkLife with Adam Grant, another podcast in the TED Audio Collective. For more episodes, find and follow WorkLife wherever you're listening to this.
For the full text transcript, visit go.ted.com/BHTranscripts
Hosted on Acast. See acast.com/privacy for more information.
By TED4.1
13191,319 ratings
In life and work, we have a hard time changing course. When we wind up in a miserable job, a failing project, or a floundering romantic relationship, we rationalize, make excuses, and stick with our bad decisions—even when the writing's on the wall. Why? Usually we assume the driving force is sunk costs: we don't want to admit we've wasted that time or money. But in fact, the root of our stubbornness is a psychological trap called “escalation of commitment.” Once we understand that, we can start taking steps to protect ourselves from… well, ourselves. This is an episode of WorkLife with Adam Grant, another podcast in the TED Audio Collective. For more episodes, find and follow WorkLife wherever you're listening to this.
For the full text transcript, visit go.ted.com/BHTranscripts
Hosted on Acast. See acast.com/privacy for more information.

43,618 Listeners

11,047 Listeners

1,229 Listeners

3,335 Listeners

1,104 Listeners

1,392 Listeners

398 Listeners

12,728 Listeners

1,416 Listeners

9,163 Listeners

1,251 Listeners

581 Listeners

1,492 Listeners

27,334 Listeners

4,756 Listeners

14,244 Listeners

788 Listeners

94 Listeners

638 Listeners

1,468 Listeners

1,421 Listeners

291 Listeners

19,819 Listeners

82 Listeners

216 Listeners

153 Listeners

47 Listeners

18 Listeners

6 Listeners