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Author Backgrounds and Qualifications
Dunn is a professor in the Department of Psychology at the University of British Columbia. She is the co-author of several other papers and journals, as well as giving several TED talks all relating to "the science behing happy spending". In recieving many prestigious awards, she continues with experimental research. Dr. Dunn currently conducts experiments examining how time, money, and technology impact human happiness.
Daniel T. Gilbert is an Edgar Pierce Professor of Psychology at Harvard University. While winning numerous awards for his research, teaching, TED Talks and TV Shows, he wrote a New York Times bestseller, Stumbling on Happiness. Currently Professor Gilbert is researching affective forcasting and inter-temporal choice which have to do with how humans plan and sacrifice for the future. This research is fueled by his interest in how humans navigate the complexities of time and and social life.
Wilson is a Professor of Psychology at the University of Virginia. His research interests are self-reflection and knowledge, as well as social cognition. Professor Wilson has also conducted studies in social psychological interventions and affective forecasting. Similar to the other two authors, his focus is in forecasting and future planning. Both money and time require that, and both are areas of expertise for all three authors
Overview
Principles 1 - 8
Evaluating the argument
Principle 1: Buy experiences instead of things
Principle 2: Help others rather than yourself
Principle 3: Buy many small pleasures instead of one
Principle 4: Buy less insurance
Principle 5: Pay now and consume later
Principle 6: Think about what you're not thinking about
Principle 7: Comparison shopping
Principle 8: Follow the herd
Critcisms
1. Wolf of Wall Street
2. A Christmas Carol
3. If money does not make you happy, consider time
1. Do you think that people will still spend their money on instentaneous happiness?
2. To what extent do you think what you associate happiness with and how you choose spend your money is a product of your environment and culture?
3. Do you agree with the article's claims that anticipation of an experience brings more pleasure than the actual experience?
Anik, Anin, Norton, Dunn. (2009). Feeling good about giving: The benefits (and costs) of self-interested ... Harvard Business School. Retrieved November 17, 2022, from https://www.hbs.edu/ris/Publication%20Files/10-012_0350a55d-585b-419d-89e7-91833a612fb5.pdf
Dunn, E. (2022). Elizabeth W. Dunn, Ph.D. dunn.psych.ubc.ca. Retrieved November 17, 2022, from https://dunn.psych.ubc.ca/
Harvard, D. of P. (2022). Daniel Gilbert. Retrieved November 17, 2022, from https://psychology.fas.harvard.edu/people/daniel-gilbert
University of Virginia, D. of P. (2020). Wilson. Wilson | Department of Psychology. Retrieved November 17, 2022, from https://psychology.as.virginia.edu/wilson-0