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In the last decade, a number of experiments have stated that spending money on experiences rather than on material goods tends to make people happier. However, the experimental designs used to analyze the relationship between consumption and subjective well-being had several limitations: small...
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In the last decade, a number of experiments have stated that spending money on experiences rather than on material goods tends to make people happier. However, the experimental designs used to analyze the relationship between consumption and subjective well-being had several limitations: small...
Persistent link: https://www.econbiz.de/10011516977
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consumers happy. There is a strong recommendation to prefer experiential purchases when seeking happiness, the so called … memory asymmetry in experiential and material purchases as a main antecedent of reported consumer happiness in favor of … contribute to their happiness in the same degree. Nevertheless, an interesting finding was that there is a significant preference …
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