Is third place better than coming in second? Third seems to be a better result if you are in the Olympics. Psychologists at Cornell University say their research shows bronze-medal winners are generally happier than silver medalists. Why? When you come in second place, you focus on what you might have done differently to win. When you come in third you are happy just to get a medal.
The phenomenon of "what if" reasoning (knows as Counterfactual thinking) leads us to imagine how things could have been different rather than on what actually has happened. The bronze winners generally think “what if” I hadn’t won anything and they realize how fortunate they are to be on the podium. But for the silver medalist, “what if” means pondering the little things that might have turned silver into gold.
It seems counterfactual thinking plays out, not just in games, but in everyday life. If a student misses making a grade of "A" by one point, having scored a "B" is no longer so satisfying.
"Would I be happier today if only I had married someone else?" “What if I had attended a different school or majored in another field?” “Suppose I had selected a different profession?”
Miss a flight by five minutes and you are frustrated. But if there’s no way you could make the flight you don't waste time on it. It's like the football team that loses in the final seconds of a game. If the team had gotten blown out, the players could more easily put it behind them and move on. But when victory was so very close, they can always think of little things they might have done differently to affect the outcome.
Do you puzzle over what you might have done until you what-if yourself into dissatisfaction? Do you get stuck thinking about what almost happened? Do you feel like you are the silver medalist in life?
It's worth noting that first place has its pitfalls as well. Research indicates that the first runner in a long-distance race puts in three times more effort to maintain that position than the runner-up. The researchers recommend when you are in the lead you should focus on the struggle with oneself rather than the pace of the other runners.
Stephen Goforth