this seems like basic common sense. if you have two job offers for the same salary, but one sounds really fun and the other sounds really boring, wouldn't you p

this seems like basic common sense. if you have two job offers for the same salary, but one sounds really fun and the other sounds really boring, wouldn't you pick the fun one? but at the same time unless you're already pretty wealthy, there's probably a dollar amount that would make you pick the boring one instead. iterate this choice over enough people, and the "fun factor" depresses wages.