Wednesday, July 12, 2017

Stanford CSP BUS 74, Session 2 Quiz 2

Mood plays an important role in motivating people for a broad range of everyday activities, both useful and harmful. In a recent study, Stanford researchers discovered a mood-related trade-off between people's short-term and long-term goals:
We tracked the activities and moods of over 28,000 people in real time and demonstrated that people seek mood-enhancing activities when they feel bad and unpleasant activities when they feel good. These findings clarify how emotions shape behavior and may explain how humans trade off short-term happiness for long-term welfare. Overcoming such trade-offs might be critical for our personal well-being and our survival as a species.

Read the study (at least the abstract and intro) to understand the trade-off.

1. Use your imagination to propose 2-3 ways to break the trade-off in order to become happier and more productive in your personal and professional life.

2. Assume that the trade-off is broken by a new, yet to be developed technology. Name 2-3 industries and/or businesses that would benefit the most from the breakthrough.

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