Bronze Medalist Seems Happier Than Silver Medal Winner: Research

It is often observed that there is a lack of joy and prosperity in the face of silver medallists in the Olympic Games than bronze medallists. A 1995 research paper published by psychologists Victoria Medvec, Thomas Gilovich, and Scott F Madey has found out why. The report claimed that the tendency of "counterfactual thinking" and psychology of "coming close" in human beings leads to such circumstances.