g nonuse damages using contingent valuation: An experimental evalua- tion of accuracy. Research Triangle Park, NC: RTI Press. Epley, N., Keysar, B., Van Boven, L., & Gilovich, T. (2004). Perspective taking as egocentric anchoring and adjustment. Journal of Personality and Social Psychology, 87(3), 327. Feh

Although the advice is well-meant, research suggests that people arc often happier when they spend their money on experiences rather than things. Van Boven and Gilovich (2003) defined experiential pur- chases as those "made with the primary intention of acquiring a life experience: an event or series of

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A.P., & Gaunt, R. (2000). The emotional side of prejudice: The role of secondary emotions. Personality and Social Psychology Review, 4, 186-197. 5. Van Boven, L., Loewenstein, G., & Dunning, D. (2005). The illusion of courage in social predictions: Underestimating the impact of fear of embarrassment on oth