Counterfactual thinking is a term of psychology that describes the tendency people have to imagine alternatives to reality. Humans are predisposed to think about how things could have turned out differently if only..., and also to imagine what if?. Counterfactuals are conditional propositions, containing an antecedent and a consequence (e.g., If Matt had run, he would have caught the bus.)
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“Compromise. Such an adjustment of conflicting interests as gives each adversary the satisfaction of thinking he has got what he ought not to have, and is deprived of nothing except what was justly his due.”
—Ambrose Bierce (1842–1914)