The $1 vs $20 Experiment That Changed Psychology
In 1959, psychologists Leon Festinger and James Carlsmith at Stanford discovered something strange:
Why would less money lead to more positive feelings?
Let's find out. You're about to participate in the experiment.
Which payment do you accept?
The next participant is waiting...
You received: $1
The $1 group rated the boring task as significantly more enjoyable!
When our actions conflict with our beliefs, we don't always change our actions.
Often, we change our beliefs instead.
Festinger's discovery explains everything from buyer's remorse to cult behavior:
The more we sacrifice for something, the more we convince ourselves it was worth it.