Debiasing the Mind Through Meditation
Psychological Science December 6, 2013 Andrew Hafenbrack, Zoe Kinias, Sigal G. Barsade 351 citations
A series of four studies (one correlational and three experimental) shows that mindfulness meditation reduces the sunk-cost bias—the tendency to let unrecoverable prior costs influence current decisions. Increased mindfulness was linked to greater resistance to this bias. Laboratory experiments found that a mindfulness-meditation induction increased resistance. The bias was attenuated by shifting temporal focus away from the future and past and by reducing negative affect, both achieved through mindfulness meditation.