Economics

Joy of parenthood is a fantasy: Psychologists say cost of children forces mothers and fathers to convince themselves it’s worthwhile

The Daily Mail: Most parents say they wouldn’t have it any other way. Children cause them financial hardship, eat up their time and cause untold worry… but mums and dads insist they are worth every penny, wrinkle and grey hair. But according to scientists, they would say that, wouldn’t they More

Parenting pressures: Couples exaggerate joy of being parents to hide cost

The Telegraph: Despite their tales of professional sacrifice, financial hardship, and declines in marital satisfaction, many parents continue to insist that their children are an essential source of happiness and fulfillment in their lives, according to the research. A study published in Psychological Science, a journal of the Association for More

The Bottom Line of Raising Kids: Parents Rationalize the Economic Cost of Children by Exaggerating Their Parental Joy

Any parent can tell you that raising a child is emotionally and intellectually draining. Despite their tales of professional sacrifice, financial hardship, and declines in marital satisfaction, many parents continue to insist that their children are an essential source of happiness and fulfillment in their lives. A new study published More

Society for Neuroeconomics

What do you get when you mix one part psychology, one part neuroscience, and one part economics? A cocktail called the Society for Neuroeconomics. Five years ago, Gregory Berns, Emory University, organized an informal meeting at Martha’s Vineyard for about 30 researchers whose work blends economics, neuroscience, and psychology. This More