Study finds people trade happiness for other benefits
(NEWSER) - Money cannot buy happiness, but most people would choose it anyway, says a new study of more than 2,600 people published in the American Economic Review . For example, if the choice is between a job that pays $80,000 a year and lets you get seven and a half hours of sleep a night, and a job that pays $140,000 a year but allows for just six hours' sleep, most people pick the higher-paying job. Other questions asked about salary versus living close to friends, going home for Thanksgiving versus saving for a vacation, and similar choices. More»