Control Over Time Predicts Greater Life Satisfaction Among Millionaires
We assess the time use of millionaires and the general population. Millionaires spend more time on active (exercise) than passive (television) leisure. Millionaires also spend more time on autonomous work. In turn, active leisure and autonomous work predict happiness: wealthy individuals reap happiness by exerting greater control over their time.
Ashley Whillans, Paul Smeets, Rene Bekkers, and Michael Norton (2017) ,"Control Over Time Predicts Greater Life Satisfaction Among Millionaires ", in NA - Advances in Consumer Research Volume 45, eds. Ayelet Gneezy, Vladas Griskevicius, and Patti Williams, Duluth, MN : Association for Consumer Research, Pages: 79-84.
Ashley Whillans, Harvard University, USA
Paul Smeets, Maastricht University, The Netherlands
Rene Bekkers, VU Amsterdam, The Netherlands
Michael Norton, Harvard University, USA
NA - Advances in Consumer Research Volume 45 | 2017
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