Adaptation Theory | Vibepedia

Adaptation theory is a concept that has been studied in the fields of psychology and economics. The Easterlin paradox states that once basic needs are met, additional wealth does not necessarily lead to greater happiness. Research has shown that people tend to overestimate the impact of positive events on their happiness and underestimate the impact of negative events. People who practice gratitude and mindfulness tend to be happier and more satisfied with their lives. Adaptation theory has significant implications for cultural and societal norms, including consumerism and materialism.