Jun 26, 2013

Prepaying for Happiness?

A while ago I posted a video by my favorite behavioral economist Dan Ariely about the pain of paying. Now I've come across an article by Elizabeth Dunn and Michael Norton that is related to said video. In "Happier Spending", they argue that "...we derive greater happiness from goods we pay for immediately, but don't use for some time, than we do from goods we use now but pay for later." Or as I like to call it: prepaying for happiness :-)

There are mainly two reasons for why this works. First of all, it doesn't take away the pain of paying, which helps you to not overspend as you might be tempted to do if you can delay payment until after having used/enjoyed the purchased good/service.
Just as the sensation of burning tells you to pull your hand from the stove, the pain of paying can keep spending in check. This isn't just a metaphor. Paying high prices for goods and services activates the region of the brain associated with the anticipation of actual physical pain.

Jun 17, 2013

The World At Our Fingertips, But Far From Our Hearts?

Not too long ago I was browsing the New York Times website when I stumbled upon this interesting article by Jonathan Safran Foer. It's about technology and gadgets and their influence on how (or if) we interact with our fellow human beings. Foer believes that "technology celebrates connectedness, but encourages retreat." And he seems to have the field of psychology on his side regarding this assumption:
Psychologists who study empathy and compassion are finding that unlike our almost instantaneous responses to physical pain, it takes time for the brain to comprehend the psychological and moral dimensions of a situation. The more distracted we become, and the more emphasis we place on speed at the expense of depth, the less likely and able we are to care.

Jun 3, 2013

What's The Deal With Fiction?

Some of you may remember that I blogged about the positive influence of fiction almost exactly a year ago. The argument was that fictional stories stories shape us for the better and make us more understanding of other people, since the majority of these tales teach us that crime doesn't pay and that the good guys ultimately win.

But the other day I read an article in the New York Times by Gregory Currie that basically says: "Not so fast. Where's the evidence for that?" Of course we like to tell ourselves that it's true, especially if we count ourselves among those that enjoy reading great literature. Yet Currie makes an interesting and important point regarding the correlation of being a good person and reading good fiction: