Lottery and happiness; or “Are lottery players stupid?”

22
Sep
Nick

Do you play the lottery? Yes? Then please do every effort to stay away from the so-called “IQ tests”, because if you take one of them, it will reveal something that will not make you happy at all.* This, at least, is a frequent view shared by many economists and others, based on the fact […]

Read the rest of this entry »

The role and importance of “expectations” in being happy

7
Sep
Nick

We’ve all experienced the phenomenon of having high expectations for something, only to discover the actual experience is not as rewarding as we imagined it would be. Either the actual experience is below our expectations, making us disappointed, or it matches our expectations (or overachieves them), but because we’ve already expected it, we are only […]

Read the rest of this entry »