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Impact bias is the tendency to overestimate the hedonic impact of future events.
For example, consider two groups of people where one group won the lottery, and the other group became paraplegics. Data shows people of both groups are equally happy a year after the e...
In 1642, Sir Thomas Brown wrote that he is the happiest man alive. "I have that in me that can convert poverty to riches, adversity to prosperity, and I am more invulnerable than Achilles. Fortune hath not one place to hit me. "
All humans have the same remarkable notion
In our society, we strongly believe that synthetic happiness is of an inferior kind. Howev...
All human beings have this capacity to synthesize happiness, but some can do it more effectively.
In a Harvard study, students could join one of two photography courses where they can also develop two of their best photos, one for them and the other for headquarters.
Our desires are often overblown. Of course, some things are better than others, but when our preferences drive us too hard and too fast because we overrate the difference between the two, we risk sacrificing things of real value.
When our ambition is bounded, we're prudent...
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Neil Pasricha reveals the 3 secrets (all starting with A) to leading a life that's truly awesome
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We have moved from a service-based economy into an experience-based economy. Joseph Pine explains what consumers want in this new economy and how you can provide it to them.
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