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Season 17, Episode 2 · Choiceology with Katy Milkman

When Sunk Costs Take Flight

6 Apr 2026 · 35 min

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Episode notes

Katy Milkman explores why people tend to keep investing time, money, or effort into something even when future benefits no longer justify continuing.

Podcast

Choiceology with Katy Milkman

Charles Schwab · Business · English

Can we learn to make smarter choices? Listen in as host Katy Milkman--behavioral scientist, Wharton professor, and author of How to Change--shares stories of high-stakes decisions and what research reveals they can teach us. Choiceology, an original podcast from Charles Schwab, explores the…

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