The Effects of Being Time Poor and Time Rich on Life Satisfaction

43 Pages Posted: 10 Dec 2018 Last revised: 3 Sep 2019

See all articles by Marissa Sharif

Marissa Sharif

University of Pennsylvania - The Wharton School

Cassie Mogilner

University of California, Los Angeles (UCLA) - Anderson School of Management

Hal Hershfield

University of California, Los Angeles (UCLA) - Marketing Area

Date Written: November 15, 2018

Abstract

Many people living in modern society feel like they don’t have enough time and are constantly searching for more. But, is having limited discretionary time actually detrimental? And, can there be downsides of having too much free time? In two largescale datasets spanning 35,375 Americans, we test the relationship between the amount of discretionary time individuals have and their life satisfaction. We find and internally replicate a negative quadratic relationship between discretionary time and life satisfaction. These results show that while having too little time is indeed linked to lower levels of life satisfaction, having more time does not continually translate to greater life satisfaction, and can even reduce it.

Keywords: life satisfaction, happiness, time, discretionary time, time pressure

Suggested Citation

Sharif, Marissa and Mogilner, Cassie and Hershfield, Hal, The Effects of Being Time Poor and Time Rich on Life Satisfaction (November 15, 2018). Available at SSRN: https://ssrn.com/abstract=3285436 or http://dx.doi.org/10.2139/ssrn.3285436

Marissa Sharif (Contact Author)

University of Pennsylvania - The Wharton School ( email )

3730 Walnut Street
Philadelphia, PA 19104-6365
United States

Cassie Mogilner

University of California, Los Angeles (UCLA) - Anderson School of Management ( email )

110 Westwood Plaza
Los Angeles, CA 90095-1481
United States

Hal Hershfield

University of California, Los Angeles (UCLA) - Marketing Area ( email )

110 Westwood Plaza
Los Angeles, CA 90095-1481
United States

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