It's something of a false dichotomy, no? So many things we buy (books, boats, wine, etc., ad infinitum) enable enjoyable experiences.
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Really worried about the cross-section. Why don't the authors use data from the SOEP? Panel data shows very strong adaption effects.
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@EllenvanKleef using "confirmation bias" I will stick to experiences. Good find though.Thanks. Twitter will use this to make your timeline better. UndoUndo
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It probably depends on if the experiential purchase was self- or externally- determined (everyone has holidays at the beach, so I should go)
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With both material goods and experiences, this tweet holds:pic.twitter.com/pLXkkODMLd
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There are also differences between experiences, experiential goods, and material goods
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I strongly believe that we need replications on this topic, but it is a bit unfair to disregard it based ona survey from Hungary
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All that matters is what works for you. Buy some things. Do some things. See what tends to make you and your loved ones happier on average.
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It's almost like human value systems are intractably complex in practice or something.
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damn, I was a believer in that one
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Me too, but I also always wondered if going to a brothel counts as experiential purchase.
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