The DOI matches its Crossref record; 11 of the 11 references it cites were found in a registry or an index.
Wealth, Warmth, and Well-Being: Whether Happiness is Relative or Absolute Depends on Whether it is about Money, Acquisition, or Consumption
Open accessAbstract
A central question in consumer and happiness research is whether happiness depends on absolute or relative levels of wealth and consumption. To address this question, the authors evaluate a finer level than overall happiness and distinguish three specific types of happiness: with money, with the acquisition of an item, and with the consumption of an item. They find that happiness with money and with acquisition is relative and that happiness with consumption can be either absolute or relative, depending on whether the consumption is inherently evaluable or not. Including both lab and field data, this research yields implications for how to increase consumer happiness from one generation to the next.
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Cites
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Clark, A. E., Frijters, P., & Shields, M. A. (2008) · Journal of Economic Literature · doi:10.1257/jel.46.1.95 · Cited by 3,159
Prospect Theory: An Analysis of Decision Under Risk
Kahneman, D., & Tversky, A. (2013) · World Scientific Handbook in Financial Economics Series · doi:10.1142/9789814417358_0006 · Cited by 3,091
Will Money Increase Subjective Well-Being?
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Cited by
Subjective Well-Being: A General Overview
Diener, E., & Ryan, K. (2009) · South African Journal of Psychology · doi:10.1177/008124630903900402 · Cited by 1,381
Experience Marketing: Concepts, Frameworks and Consumer Insights
Schmitt, B. (2011) · Foundations and Trends® in Marketing · doi:10.1561/1700000027 · Cited by 428
Hsee, C. K., & Zhang, J. (2010) · Perspectives on Psychological Science · doi:10.1177/1745691610374586 · Cited by 410
Self-citationHappiness from Ordinary and Extraordinary Experiences
Bhattacharjee, A., & Mogilner, C. (2014) · Journal of Consumer Research · doi:10.1086/674724 · Cited by 380
Foundational frameworks of positive psychology: Mapping well-being orientations.
Lambert, L., Passmore, H.-A., & Holder, M. D. (2015) · Canadian Psychology / Psychologie canadienne · doi:10.1037/cap0000033 · Cited by 147
Metadata
- Authors
- Hsee, C. K., Yang, Y., Li, N., & Shen, L.
- Venue
- Journal of Marketing Research
- Publisher
- SAGE Publications
- Published
- 2009-06
- Volume
- 46
- Issue
- 3
- Pages
- 396-409
- ISSN
- 0022-2437 (ISSN-L)
- 1547-7193
- OpenAlex
- W3122179470
- Cited by
- 165
- References
- 11
- FWCI
- 13.06
- Type
- journal article
- Language
- en
- Open access
- green
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- Hsee, C. K., Yang, Y., Li, N., & Shen, L. (2009). Wealth, Warmth, and Well-Being: Whether Happiness is Relative or Absolute Depends on Whether it is about Money, Acquisition, or Consumption. Journal of Marketing Research. https://doi.org/10.1509/jmkr.46.3.396
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
