Reb, Jochen; Connolly, Terry - In: Organizational Behavior and Human Decision Processes 109 (2009) 2, pp. 182-189
Decision makers can become trapped by myopic regret avoidance in which rejecting feedback to avoid short-term outcome regret (regret associated with counterfactual outcome comparisons) leads to reduced learning and greater long-term regret over continuing poor decisions. In a series of...