Affective Forecasting

@article{Wilson2005AffectiveF,
  title={Affective Forecasting},
  author={Timothy D. Wilson and Daniel T. Gilbert},
  journal={Current Directions in Psychological Science},
  year={2005},
  volume={14},
  pages={131 - 134}
}
  • T. Wilson, D. Gilbert
  • Published 1 June 2005
  • Psychology
  • Current Directions in Psychological Science
People base many decisions on affective forecasts, predictions about their emotional reactions to future events. They often display an impact bias, overestimating the intensity and duration of their emotional reactions to such events. One cause of the impact bias is focalism, the tendency to underestimate the extent to which other events will influence our thoughts and feelings. Another is people's failure to anticipate how quickly they will make sense of things that happen to them in a way… 
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References

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TLDR
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