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Positive Psychology
new approach
successful
Focus:
happiness
optimal growth
excellence
Kind of Happiness - Pleasant Life
loads of positive emotion
Kind of Happiness - Engaged Life
engagement, involvement, purpose, commitment, absorption in work
Kind of Happiness - Meaningful Life
using talents/abilities/strength to commit to something larger than self
Principle 1: Buy experiences instead of things
stronger and long lasting happiness
Principle 2: Help others instead of self
fullfills basic needs: connection, meaning effectiveness
Principle 3: Buy many small over few big pleasures
happiness is driven more by frequency than intensity of positives
Principle 4: Buy less “Psychological Insurance”
immune neglect and affective forecasting errors
Principle 5: Pay Now and Consume Later
Anticipation is rewarding
temporal distance improves choice quality
avoids debt-driven negative effect
Principle 6: What are you not thinking about
Mispredict:
Focalism
Context neglect
Principle 7: Awareness of Comparison Shopping
Misleads:
attribute salience
neglect of lived experience
regret risk
Principle 8: Follow Herd instead of Head
Works:
surrogate affective forecasting
overvalue vivid details
aggregated ratings out perform intuition
Best predictors of happiness?
Personality Traits: Neuroticism and Extraversion
Social Relationship Quality: Friendship quality, martial quality, social support
Economic Factors: Income, Standard of living satisfaction, emotional well-being
Psychological Need Fulfillment: Autonomy, learning, respect