Friday, February 08, 2008
Misery is not Miserly: New Study Finds Why Even Momentary Sadness Increases Spending
How you are feeling has an impact on your routine economic transactions, whether you’re aware of this effect or not. In a new study that links contemporary science with the classic philosophy of William James, a research team finds that people feeling sad and self-focused spend more money to acquire the same commodities than those in a neutral emotional state.
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