Ruby Bibi

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Just as our eyes adjust to changes in light and environment, we can adapt to changes in expectation and experience. For example, Andrew Clark showed that job satisfaction among British workers was strongly correlated with changes in workers’ pay rather than the level of pay itself. In other words, people generally grow accustomed to their current pay level, however low or high. A raise is great and a pay cut is very upsetting, regardless of the actual amount of the base salary. In one of the earliest studies on hedonic adaptation, Philip Brickman, Dan Coates, and Ronnie Janoff-Bulman compared ...more
The Upside of Irrationality: The Unexpected Benefits of Defying Logic at Work and at Home
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