Human Behavior November 19, 2022

Elevated Price of Emotion

Elevated Price of Emotion

When we are bereft of something, that thing becomes more valuable to us. 

You are willing to pay higher for a bottle of water when you are thirsty.

You are willing to pay higher when you experience a baneful illness.

You are willing to pay higher when you are craving for social status increase.

An item raises in perceived value when it can obviate your raging desire.

You may also like...

Suffer Now or Later

We live in this world to suffer. It is part of life to be embraced.  The...

Effort Heuristic

When you work hard on a project, you have the tendency to overvalue the project, even...

Willpower Crisis

Every day, new temptations cloaked in multiple forms are produced to steal your precious attention: new...

To Not Win an Argument

Humanity lives with different upbringing, mindset, and exposure. Inevitably, one must face opposing arguments all the...