Cornell University experts explore wages, happiness and realistic deals ahead of Black Friday

The National Retail Federation expects consumers to spend $630 billion this holiday season, starting online and in stores Thanksgiving and Black Friday. Three researchers at Cornell University can discuss a variety of issues related to the retail frenzy – from the impact of material possessions on happiness to the unrealistic perceptions of Black Friday deals. […]

Experiences make you happier than possessions – before and after

To get the most enjoyment out of our dollar, science tells us to focus our discretionary spending on experiences such as travel over material goods. A new Cornell University study shows that the enjoyment we derive from experiential purchases may begin even before we buy. This research offers important information for individual consumers who are […]