The problem is "decision fatigue", a psychological phenomenon that takes a toll on the quality of your choices after a long day of decision making, says Evan Polman, a leading psychologist.
Not only does the GDP mask this erosion, it can actually portray it as an economic gain: an oil spill off a coastal region "adds" to the GDP because it generates commercial activity.
The defoliation of millions of acres of trees by massive infestations of gypsy moth caterpillars is a recurring phenomenon in the northeastern United States.
Procrastination is very common in daily life, which means to irrationally postpone the start and completion of tasks, study shows the delay behavior is prevalent in a cross-culture.