Tag Archives: money

Study: Higher Income is Related to Less Daily Sadness but Not More Daily Happiness

money can't buy happiness

A new large-scale study of over 12,000 participants shows that higher income is associated with less daily sadness but not more daily happiness (Kushlev, Dunn, & Lucas, 2015). Continue reading

How Money Affects the Brain’s Reward System (Why Money is Addictive)

A study by Elliott and colleagues (2003), published in The Journal of Neuroscience, used a functional magnetic resonance imaging technique (fMRI) to identify the brain areas that are affected by rewards. The parametric technique is a way of investigating how the brain becomes activated when it is exposed to the reinforcement of money. Continue reading