The impact bias is alive and well.

A substantial body of research on affective forecasting has found that people often overestimate the affective impact of future events. Levine, Lench, Kaplan, and Safer (2012) argued that whereas people may overestimate the duration of their emotional responses, they do not overestimate the initial intensity of these responses as much as previous research has suggested. We suggest that Levine et al. (a) failed to review or include in their...