The hedonic treadmill is the idea that an individual's level of happiness, after rising or falling in response to positive or negative life events, ultimately tends to move back toward where it was ...

Psychologists say that when human beings experience something good — a long-awaited promotion, a new car, a winning lottery ticket, for instance — the surge of happiness that’s experienced is likely ...

The Review of Economics and Statistics, Vol. 72, No. 1 (Feb., 1990), pp. 168-173 (6 pages) Econometric analysis often addresses model misspecification due to the improper pooling of observations. One ...

Adapting to our surroundings is as much a part of life as breathing. Sometimes it’s a conscious decision; at other times, it’s a result of our evolutionary framework and there’s little we can do about ...

Have you noticed how three days into your Hawaii vacation, you’ve stopped noticing the spectacular sunsets out your hotel window? Or maybe the guy who made you laugh out loud on your first date barely ...

A healthy lifestyle is not only affected by the foods you eat but also has a lot to do with things that you 'don't eat.' Many times, we have seen dieticians emphasising the importance of avoiding ...

The hedonic treadmill is the idea that an individual's level of happiness, after rising or falling in response to positive or negative life events, ultimately tends to move back toward where it was ...