![]() Since then, psychology research has provided some support for that idea. A 2006 study, for example, found that college students with more “positive illusions” about themselves and their own abilities also reported having higher levels of well-being. More generally, as I’ve written about on here before, optimism has been linked to a wide range of mental and physical health benefits. And the most optimistic attitude, of course, is not necessarily the most realistic one. The latest study to offer evidence for the advantages of an unrealistically positive attitude comes from a team of researchers in Spain and Italy. In the study, the researchers asked people to rate the levels of positive and negative emotions they expected to feel in the future. It turned out that having unrealistically high expected levels of positive emotions was associated with several mental health benefits. Unrealistic optimism in consumer credit card adoption Sha Yang a, Livia Markoczy b,1, Min Qi c,2 a Marketing Department, Stern School of Business, New York University, 44 West Fourth Street, New York, NY 10012, United States b School of Management, The University of Texas at Dallas, P.O. In particular, people who had this positive bias in their anticipated future emotional states had higher levels of resilience and well-being. Moreover, they were better able to cope with stressful experiences, and had lower levels of negative emotions and higher levels of positive emotions following those experiences. The results fit with the idea that an unassailably objective grasp on reality isn’t necessarily the key to good mental health. ![]() Unrealistic optimism is a welldocumented psychological phenomenon. Rather, it’s a positive attitude that seems to help – whether or not that attitude is realistic. The purpose of this paper is to discuss the meaning of being unrealistically optimistic. This bias has important implications in many economic and managerial contexts and the authors present evidence of it.
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