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Schwab

Schwab

Charles Schwab

Schwab

Charles Schwab

CShared byCharles Schwab
From video: When Sunk Costs Take Flight | Choiceology Podcast Clip
Published: April 6, 2026

Video Description

Katy Milkman speaks with Richard Thaler, economics Nobel laureate and Charles R. Walgreen Distinguished Service Professor of Behavioral Science and Economics at the University of Chicago Booth School of Business. Thaler reveals why we tend to dwell on sunk costs that cannot be recovered and shares insights from his updated book The Winner's Curse: Behavioral Economics Anomalies, Then and Now. Watch the full episode: https://youtu.be/SfCQygIeonI?si=6ghLXkeHvzSsn7SZ Subscribe to our channel: https://bit.ly/SubscribeCharlesSchwab Connect with Charles Schwab: Facebook: https://www.facebook.com/CharlesSchwab X: https://www.x.com/CharlesSchwab Open an account with Charles Schwab: https://www.schwab.com/open-an-account [0426-XMGE]