This finding, however,dovetails with recent theory and research showing that wealth
may undermine people’s ability to savor positive events,largely canceling out the happiness benefits of higher income.
According to the experience-stretching hypothesis (Gilbert,2006; Parducci, 1995; Quoidbach, Dunn, Petrides, & Mikolajjczak,
2010), the abundant positive life experiences that wealth provides may actually dampen the emotional benefits people reap from more mundane daily pleasures.
This finding, however,dovetails with recent theory and research showing that wealthmay undermine people’s ability to savor positive events,largely canceling out the happiness benefits of higher income.According to the experience-stretching hypothesis (Gilbert,2006; Parducci, 1995; Quoidbach, Dunn, Petrides, & Mikolajjczak,2010), the abundant positive life experiences that wealth provides may actually dampen the emotional benefits people reap from more mundane daily pleasures.
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