Money doesn't buy happiness - owning your peers does


	Money doesn't buy happiness - owning your peers does

deusdiabolus

11-26-2007 6:04 AM

817 views

tags:

behavior, psychology, study, science, happiness, competition

4 Comments |

Add a Comment

11-26-2007 7:35 AM

debbyski

Research showed people were motivated by greed and only felt
truly rewarded when they outdid their friends.

What else is new, eh?

11-26-2007 7:40 AM

ljsdesign

explains why "keeping up with the Jones "is such a popular game.

11-26-2007 8:25 AM

BartendingBear

It also lends some explanation as to why one friend likes to beat me in cards so passionately.

11-26-2007 8:51 AM

dirish

They teach us in school that competition is good!

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/60be69a3-349c-4831-9cb2-a0a3af8dbb0c/2905F04E-174F-431B-A566-5CB04B68BE08/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.smh.com.au/news/world/happiness-is-a-relative-thing/2007/11/25/1195975865973.html" href="http://www.smh.com.au/news/world/happiness-is-a-relative-thing/2007/11/25/1195975865973.html" style="font-size: 11px;">www.smh.com.au</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.smh.com.au/news/world/happiness-is-a-relative-thing/2007/11/25/1195975865973.html"><P>IT HAS long been said that money cannot bring you happiness, but
scientists have found that financial reward does make people feel
good - especially when they know they are earning more than their
peers.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.smh.com.au/news/world/happiness-is-a-relative-thing/2007/11/25/1195975865973.html"><P>Research showed people were motivated by greed and only felt
truly rewarded when they outdid their friends. Scientists at the
University of Bonn, in Germany, pitted pairs of men against each
other over a series of games, promising to pay them according to
their performance.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.smh.com.au/news/world/happiness-is-a-relative-thing/2007/11/25/1195975865973.html"><P>Using brain-scanning techniques, they found the men only felt
happy if they beat their partner and earned more money.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.smh.com.au/news/world/happiness-is-a-relative-thing/2007/11/25/1195975865973.html"><P>The most exciting finding was the influence of how their rival
was doing. Activation was highest for those players who got the
right answer while their co-player got it wrong. Participants who
got more money than their co-players showed stronger activation in
the "reward centre" than when both received the same amount.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/2905F04E-174F-431B-A566-5CB04B68BE08/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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