Hedonics
Hedonics is a psychological theory that explores the relationship between pleasure and the perception of pain, particularly in the context of decision-making and behavior. Developed primarily by economist Richard Thaler and psychologist Daniel Kahneman, the concept emphasizes that individuals often prioritize immediate sensory pleasure over long-term well-being. This bias influences choices in various domains, including consumer behavior, health decisions, and even moral judgments.
The term "hedonics" originates from the Greek word *hedone*, meaning pleasure or enjoyment. In hedonic economics,
Beyond economics, hedonic theory also applies to public policy and marketing. Policies aimed at reducing smoking
Critics argue that hedonic bias can lead to short-term gratification at the expense of broader consequences,