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Is Materialism All That Bad? Effects on Satisfaction with Material Life, Life Satisfaction, and Economic Motivation (CROSBI ID 202543)

Prilog u časopisu | izvorni znanstveni rad | međunarodna recenzija

Sirgy, Joseph M. ; Gurel-Atay, Eda ; Webb, Dave ; Čičić, Muris ; Husić-Mehnedović, Melika ; Ekici, Ahmet ; Herrmann, Andreas ; Hegazy, Ibrahim ; Lee, Dong-Jin ; Johar, J.S. Is Materialism All That Bad? Effects on Satisfaction with Material Life, Life Satisfaction, and Economic Motivation // Social indicators research, 110 (2013), 1; 349-366. doi: 10.1007/s11205-011-9934-2

Podaci o odgovornosti

Sirgy, Joseph M. ; Gurel-Atay, Eda ; Webb, Dave ; Čičić, Muris ; Husić-Mehnedović, Melika ; Ekici, Ahmet ; Herrmann, Andreas ; Hegazy, Ibrahim ; Lee, Dong-Jin ; Johar, J.S.

engleski

Is Materialism All That Bad? Effects on Satisfaction with Material Life, Life Satisfaction, and Economic Motivation

The literature in economic psychology and quality- of-life studies alludes to a negative relationship between materialism and life satisfaction. In contrast, the macroeconomic literature implies a positive relationship between material consumption and economic growth. That is, materialism may be both good and bad. We develop a model that reconciles these two contrasting viewpoints by asserting that materialism may lead to life dissatisfaction when materialistic people evaluate their standard of living using fantasy-based expectations (e.g., ideal expectations), which increases the likelihood that they would evaluate their standard of living negatively. In turn, dissatisfaction with standard of living increases the likelihood that they would evaluate their life negatively. However, materialistic people who evaluate their standard of living using reality- based expectations (e.g., ability expectations) are likely to feel more economically motivated than their nonmaterialistic counterparts, and this economic motivation is likely to contribute significantly and positively to life satisfaction. Survey data were collected from seven major cities each in a different country (Australia, Bosnia/Herzegovina, Germany, Egypt, Korea, Turkey, and the USA) using a probability sample (cluster sampling method involving income stratification). The results provide support for the model. The economic public policy implications concerning how people evaluate their standard of living using ability-based expectations are discussed in the context of the ideals of meritocracy.

materialism; evaluation of standard of living; satisfaction with material life; economic motivation; life satisfaction; quality of life; meritocracy

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Podaci o izdanju

110 (1)

2013.

349-366

objavljeno

0303-8300

10.1007/s11205-011-9934-2

Povezanost rada

Ekonomija

Poveznice
Indeksiranost