Construct · 1 fields · 1 citations

buying time: a standalone construct

One name. One construct. A landmark on the map.

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buying time1 CONSTRUCTBuying timeWHILLANS · ECONOMIC PSYCHOLOGY

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Economic psychology

spending money on services that free up time, such as outsourcing chores, which raises happiness more than buying goods.

In economic psychology, buying time refers to spending money on services that free up time, such as outsourcing chores, which raises happiness more than buying goods. This meaning comes from Whillans (2017) in Proceedings of the National Academy of Sciences.[1]

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outsourcing1 fields · 1 citationsanchor · a standalone construct

References

  1. Whillans, A. V., Dunn, E. W., Smeets, P., Bekkers, R., & Norton, M. I. (2017). Buying time promotes happiness. Proceedings of the National Academy of Sciences, 114(32), 8523-8527. https://doi.org/10.1073/pnas.1706541114

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