Review paper
Experiential or Material Purchases? Social Class Determines Purchase Happiness
Abstract
Which should people buy to make themselves happy: experiences or material goods? The answer depends in part on the level of resources already available in their lives. Across multiple studies using a range of methodologies, we found that individuals of higher social class, whose abundant resources make it possible to focus on self-development and self-expression, were made happier by experiential over material purchases. No such experiential...
Paper Details
Title
Experiential or Material Purchases? Social Class Determines Purchase Happiness
Published Date
May 24, 2018
Journal
Volume
29
Issue
7
Pages
1031 - 1039
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History