Essay --

Happiness is arguably the most sought after goal of the human condition, and time and money are possibly two of the most valuable resources any individual possesses. The article â€Å"Time, money and happiness: How does putting a price on time affect out ability to smell the roses?† by Sanford E. DeVoe and Julian House (2012), sets out to answer the question; what is the connection between time, money, and happiness? The hypothesis that DeVoe and House (2012) proposed was that there is a frustration caused when the goal of maximizing the economic value of time is obstructed and that this frustration can lessen other benefits of experiences, especially pleasure. This hypothesis requires that the individual think about time in relation to its monetary value and therefore whether or not time can be better spent doing something that brings in money. The researchers tested their hypothesis through a few experiments. The first experiment that DeVoe and House (2012) conducted was to directly test their hypothesis. The procedure of this experiment was to take 53 undergraduate students (32 femal...