Having a "Plan B" Can Hurt Your Chances of Success
Katherine Milkman (BSPA Executive Committee) and Jihae Shin write in Scientific American about new research on the downsides of backup plans. Their study published in Organizational Behavior and Human Decision Processes finds that even considering a backup plan can reduce the effort you put towards achieving a goal and, therefore, your likelihood of success. The authors lay out three ways this research can help you make better decisions.
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