If Money Doesn't Make You Happy, Consider Time
Jennifer L. Aaker,
Melanie Rudd and
Cassie Mogilner
Additional contact information
Jennifer L. Aaker: Stanford University
Melanie Rudd: Stanford University
Cassie Mogilner: University of Pennsylvania
Research Papers from Stanford University, Graduate School of Business
Abstract:
Although a substantial amount of research has examined the link between money and happiness, far less has examined the link between time and happiness. This paper argues, however, that time plays a critical role in understanding happiness, and it complements the money-spending happiness principles in Dunn, Gilbert, and Wilson (2010) by offering five time-spending happiness principles: 1) spend time with the right people; 2) spend time on the right activities; 3) enjoy the experience without spending the time; 4) expand your time; and 5) be aware that happiness changes over time.
Date: 2010-11
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Persistent link: https://EconPapers.repec.org/RePEc:ecl:stabus:2067
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