The hedonic treadmill is also called as hedonic adaptation. The jargon explains how we are wired inside us. The behaviour applies to all walks of life not just finance. It is human to return to relative amounts of happiness despite the positive or negative events in our life. Whether we win a lottery or loss a limb in an accident, in one year time we will see both in similar eyes. This is a part of human adaptability.
The Hedonic Treadmill
The Hedonic Treadmill
The Hedonic Treadmill
The hedonic treadmill is also called as hedonic adaptation. The jargon explains how we are wired inside us. The behaviour applies to all walks of life not just finance. It is human to return to relative amounts of happiness despite the positive or negative events in our life. Whether we win a lottery or loss a limb in an accident, in one year time we will see both in similar eyes. This is a part of human adaptability.