Regret can keep us stuck in the past, hindering progress.
Regret can make people stick with what they know, even when a better option is available. In a study, people were more likely to stay with the status quo if they might regret switching. This happened because they couldn't compare their choice to the alternative unless someone else picked it. The study showed that regret can help people coordinate their decisions, leading them to stick with what they have, even if it's not the best choice.