In study 4, the participants were chosen from the Northwestern University, 44 undergraduates participated in this study and each was paid $6 in return. Most of the participants measured a rategreater than their statedresponse than a rateless than their statedresponse when they were asked if they had considered any estimations before their arrival at the final answer. Thus, it can be seen that people start higher and then they tend to adjust downwards.30 undergraduates from Northwestern University were chosen for study 5 for which they were paid $7 each. In this study, straightawayafterward having put on a T-Shirt a fewcontributorscome across a set of onlookers and found the T-shirt embarrassing. On the other hand, after having being accustomed to the T-shirt they felt that it was embarrassing. In the latter condition the participants as expected gave considerably lesser approximations of the onlookers who considered the T-shirt to be embarrassing as compared to the participants in the former situation. This could be because of the fact that they were less accustomed to wear a T-Shirt and hence it was from a lower subjective anchor that their estimate began. It could be seen from this that for the illusion of transparency, the joiningindication for this kind of mechanism of adjustment and anchoring was attained in the same manner. If we take into consideration the issues which are usually linked to the later part of the life then the spotlight effect has consequences for the kind of regrets which they might experience. It has been seen in studies that rather than the things which the people have done, the biggest regrets of the people incline to focus around the things they couldn’t do. There are many sources for the regrets of inaction. Some arise from the wrenching trade-offs and hard decisions with which most of the people are confronted by the life. Other reasons include the lack of will by an individual, an individual doubtswhich he or she not everreceived a college degree as he/she opts for more immediate gratifications.