The Long-Term Benefits of Losing, According to Science

Dashun Wang: Postdoctoral fellow Yang Wang, Kellogg colleague Ben Jones, and I found that people who experience near misses actually do better long-term than “winners” who finished just ahead of them. These results make us rethink the relative importance of winning and losing, with implications for both individuals striving for achievement and organizations that wish to identify and nurture them.

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