The problem with time is money

Friday, 10th February 2012 - 04:09

In this paper, we investigate how the impatience that results from placing a price on time impairs individuals’ ability to derive happiness from pleasurable experiences.

Experiment 1 demonstrated that thinking about one’s income as an hourly wage reduced the happiness that participants derived from leisure time on the internet.

Experiment 2 revealed that a similar manipulation decreased participants’ state of happiness after listening to a pleasant song and that this effect was fully mediated by the degree of impatience experienced during the music. (...)

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