Posted on : September 7, 2016
Views : 100
Category : Economics
Prof. Dan Airley investigates the link between summer vacations and economics. Are your family trips an exercise in pleasure or comfort? There’s a vivid difference between the two… and it may mean the difference between a fantastic vacation and one that’s just okay. Vacations are really interesting because for many families it’s one of their biggest discretionary expenses throughout the year. The real question is; are people getting the most happiness that they can out of their vacation dollars?
- Therefore, you shouldn’t think just about the vacation itself, you should also think about anticipation and memory. And I can tell you that personally we’ve gone to some vacations with my family that at the moment were not fantastic. The actual vacation itself may not be joyful, but reflecting on it (before and after) amazing. So you want to think about the whole experience and how vacations enrich your life, become input for memory and not just good for its own sake.
- Vacations need to be something that is beyond the specific and we should be very worried about going for the comfort rather than the real pleasure.
- “Raise, Awake and take stand. Draw the path for others. Be a Leader” ― Vivek Modi