More Proof That Money Can’t Buy Happiness

Business Insider: More Proof That Money Can't Buy Happiness

"… University of Missouri Marketing Professor Marsha Richins looks at this phenomenon in a new paper in the Journal of Consumer Research,
"When Wanting Is Better Than Having," where she compares high- and
low-materialist shoppers. "High-materialist" consumers have much higher
expectations of what a product will do for their overall happiness,
which is why positive emotions peak and then fall again after a
purchase.

According to research, materialists are "more likely to
believe that acquisition will change the kind of person they are,
improve their relationships with others, enable them to have more
pleasure in their lives, and enhance the effectiveness with which they
carry out daily tasks
." They also experience "more negative emotions, such as anxiety, fear, and envy." …


Comments

Leave a Reply

Discover more from Kruse Kronicle

Subscribe now to keep reading and get access to the full archive.

Continue reading