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Seven Ways to Harness the Power of Regret

12/28/2020

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“Many people say they “regret nothing” or they “wouldn't do anything differently” if they could live over again. Although such statements are offered with sincerity, they can be difficult to accept at face value. Living a life with no mistakes and without any regrets is extraordinarily hard to accomplish. A lifetime of making choices brings with it the knowledge that at least some actions were ill-considered, some failures to act unwise. For most of us, it also brings with it the realization that some of these unfortunate outcomes could have been avoided. To live, it seems, is to accumulate at least some regrets.” - Thomas Gilovich and Victoria Husted Medvec (1995)
In this article I am going to discuss the science of regret. Specifically, I want to focus on regret as a cognitive skill that you can develop, as a tool that you can use to improve decision-making by regulating the intensity.

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    Authors


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    Richard Feenstra is an educational psychologist, with a focus on judgment and decision making.
    ​(read more) 


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    Bobby Hoffman is the author of "Hack Your Motivation" and a professor of educational psychology at the University of Central Florida.
    ​(read more)

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  • Home
  • Videos
    • Goal-Oriented Decision Making - The APE Model
    • Generative AI and Decision Making
    • The OODA Loop
    • The RPD Model
    • Reducing the Dunning-Kruger Effect
    • Using a Premortem
    • The Planning Fallacy
    • Accelerated Expertise
    • Conduct a SWOT Analysis
    • 4D's on a To-Do-List
    • Mere Exposure Effect
    • The Trolley Problem
    • Wicked Problems
    • Reciprocity Bias
    • Motivated Change
    • Correlation vs. Causation
    • Maslow's Hierarchy and Innovation
    • Understanding Psychological Anchors
    • IDEA 4-Step Problem Solving
    • Using SMART Goals
    • How to Gain Insights
    • The Eisenhower Matrix
    • SMART Goals - 60 Seconds
    • Tactical Decision Games
  • Articles