The problem with time is money
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. (...)