NDLI: The Silver Lining of Materialism: The Impact of Luxury Consumption on Subjective Well-Being

Content Provider	Springer Nature Link
Author	Hudders, Liselot Pandelaere, Mario
Copyright Year	2011
Abstract	Materialism is a way of life characterized by the pursuit of wealth and possessions. Several studies have documented that a materialistic lifestyle is associated with diminished subjective well-being. In spite of this, many people continue to pursue materialistic goals rather than pursue goals that are more beneficial for their well-being. The current paper investigates one mechanism that may contribute to the continued pursuit of materialism. In particular, we propose that luxury consumption may reinforce a materialistic lifestyle. To test this possibility, we investigate the relations between luxury consumption, materialism and cognitive and affective subjective well-being aspects simultaneously, in a structural model. The results of a large scale survey in Dutch-speaking Belgium demonstrate that materialistic consumers are more inclined to consume luxury goods than less materialistic consumers. In addition, luxury consumption leads to enhanced positive mood, diminished negative mood and increased satisfaction with life. Furthermore, although the impact on negative and positive mood is not moderated by materialism, the impact of luxury consumption on satisfaction with life is more pronounced for materialistic consumers than for less materialistic consumers. Together, these results indicate that materialistic consumers not only engage more in luxury consumption than less materialistic consumers, but also benefit more from it (at least in the short run). As a result, luxury consumption may be more rewarding for the former than for the latter and consequently, “lock in” materialists in their lifestyle, irrespective of the long-term adverse consequences for self and society.
Starting Page	411
Ending Page	437
Page Count	27
File Format	PDF
ISSN	13894978
Journal	Journal of Happiness Studies
Volume Number	13
Issue Number	3
e-ISSN	15737780
Language	English
Publisher	Springer Netherlands
Publisher Date	2011-05-04
Publisher Place	Dordrecht
Access Restriction	One Nation One Subscription (ONOS)
Subject Keyword	Materialism Luxury consumption Subjective well-being Status consumption Hedonic product usage Reinforcement theory Quality of Life Research Philosophy Economics/Management Science Personality and Social Psychology
Content Type	Text
Resource Type	Article
Subject	Social Sciences

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in

The Silver Lining of Materialism: The Impact of Luxury Consumption on Subjective Well-Being (2011)

The Silver Lining of Materialism : The Impact of Luxury Consumption on Subjective Well-Being

Frustration of Life Goals Mediates the Negative Effect of Unemployment on Subjective Well-Being

Is Disciplinary Culture a Moderator Between Materialism and Subjective Well-being? A Three-Wave Longitudinal Study

Affect Balance as Mediating Variable Between Effective Psychological Functioning and Satisfaction with Life

Subjective Well-Being and Hedonic Editing: How Happy People Maximize Joint Outcomes of Loss and Gain

Well-Being at Work: Some Differences Between Life Satisfaction and Personal Growth as Predictors of Subjective Health and Sick-Leave

Happiness Revisited: Ontological Well-Being as a Theory-Based Construct of Subjective Well-Being

The Impact of Social Capital on Subjective Well-Being: A Regional Perspective

The Silver Lining of Materialism: The Impact of Luxury Consumption on Subjective Well-Being

Similar Documents

The Silver Lining of Materialism: The Impact of Luxury Consumption on Subjective Well-Being (2011)

The Silver Lining of Materialism : The Impact of Luxury Consumption on Subjective Well-Being

Frustration of Life Goals Mediates the Negative Effect of Unemployment on Subjective Well-Being

Is Disciplinary Culture a Moderator Between Materialism and Subjective Well-being? A Three-Wave Longitudinal Study

Affect Balance as Mediating Variable Between Effective Psychological Functioning and Satisfaction with Life

Subjective Well-Being and Hedonic Editing: How Happy People Maximize Joint Outcomes of Loss and Gain

Well-Being at Work: Some Differences Between Life Satisfaction and Personal Growth as Predictors of Subjective Health and Sick-Leave

Happiness Revisited: Ontological Well-Being as a Theory-Based Construct of Subjective Well-Being

The Impact of Social Capital on Subjective Well-Being: A Regional Perspective

The Silver Lining of Materialism: The Impact of Luxury Consumption on Subjective Well-Being