Essay exploring the Nova Effect — the phenomenon where sudden, extreme positive events (jackpots, unexpected successes) paradoxically reduce long-term wellbeing — as a framework for understanding why luck and windfall are more complex than simple gain.
Provides a named conceptual framework for the counterintuitive effects of sudden positive luck — the reference point shift, the motivation reduction, the contrast effect — contributing to the discourse on how to think about luck and success.
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