
A User's Guide to Our Emotional Thermostat (with Adam Mastroianni)
EconTalk
Understanding Well Being and Happiness at an Individual Level
Individuals often reflect on their happiness and well-being in response to life events, such as job worries or promotions. Despite external circumstances fluctuating, subjective well-being tends to remain relatively stable over time. People have a psychological immune system that helps them cope with bad experiences by reframing them in a positive light. This ability to self-regulate emotions contributes to maintaining a consistent level of well-being even amidst challenges.
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