All Articles Tagged As: money
Consumers found that satisfaction with "experiential purchases" -- from massages to family vacations -- starts high and increases over time. In contrast, spending money on material things feels good at first, but actually makes people less happy in the end, says Thomas Gilovich, Cornell University professor of psychology and Travis J. Carter, Cornell Ph.D. '10.
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Researchers found that participants' personal performance improved, and interpersonal relationships and sensitivity towards others declined, when they were reminded of money.
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