July 10, 2013, Wednesday
Do You Work Until You've Earned Enough, or Until You're Just Too Tired to Work More?
The Experiment :
In an experiment, people who were paid in chocolates for choosing to listen to unpleasant noises "overearned" by 6.48 chocolates, on average !
They earned 10.74 but ate just 4.26 they weren't allowed to take any home) , revealing a persistent tendency to mindlessly accumulate unneeded rewards, The researchers compare overearning to overeating !
Underlying reason ?
In the past, centuries ago , in pre-industrial revolution, people earned so little that they were driven to earn as much as possible, but today, productivity advancements enable many to over-earn & under-spend.
The fall out ?
Negatives of this behavior include , forgoing the pleasures of leisure and family time.
Research courtesy : a team led by Christopher K. Hsee of the University of Chicago.
SOURCE: Overearning
No comments:
Post a Comment