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In Pursuit of Happiness: Effects of Mental Subtraction and Alternative Comparison

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  • Swee Ang
  • Elison Lim
  • Siew Leong
  • Zhaonan Chen

Abstract

Using an experiment, this study examines how happiness towards, and evaluation of, experiential and material purchases are affected by mindset and comparison alternatives. When primed with a mental subtraction mindset, people became happier with their material purchases and evaluated such purchases more positively; however, those who had acquired experiences did not report significant increases in happiness or purchase evaluations. In contrast, when people did not engage in mental subtraction, recollection of purchase details did not enhance associated happiness for both material and experiential purchases. We also found that, relative to experiences, material purchases induced greater increases in happiness in the presence of inferior alternatives. When comparing purchases with superior alternatives, happiness declined significantly regardless of the type of purchase. Further, such decrements in happiness were more dramatic for material purchases than experiences. Collectively, this research suggests that happiness with material goods can increase over time with the appropriate mental strategies (i.e., mental subtraction and comparison against inferior alternatives). Copyright Springer Science+Business Media Dordrecht 2015

Suggested Citation

  • Swee Ang & Elison Lim & Siew Leong & Zhaonan Chen, 2015. "In Pursuit of Happiness: Effects of Mental Subtraction and Alternative Comparison," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 122(1), pages 87-103, May.
  • Handle: RePEc:spr:soinre:v:122:y:2015:i:1:p:87-103
    DOI: 10.1007/s11205-014-0681-z
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    References listed on IDEAS

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    1. Sonja Lyubomirsky & Heidi Lepper, 1999. "A Measure of Subjective Happiness: Preliminary Reliability and Construct Validation," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 46(2), pages 137-155, February.
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    3. Ed Diener & Robert Biswas-Diener, 2002. "Will Money Increase Subjective Well-Being?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 57(2), pages 119-169, February.
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    5. Jiri Zuzanek, 2013. "Does Being Well-Off Make Us Happier? Problems of Measurement," Journal of Happiness Studies, Springer, vol. 14(3), pages 795-815, June.
    6. Leonardo Nicolao & Julie R. Irwin & Joseph K. Goodman, 2009. "Happiness for Sale: Do Experiential Purchases Make Consumers Happier than Material Purchases?," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 36(2), pages 188-198.
    7. Bruce Headey & Ruud Muffels & Mark Wooden, 2008. "Money Does not Buy Happiness: Or Does It? A Reassessment Based on the Combined Effects of Wealth, Income and Consumption," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 87(1), pages 65-82, May.
    8. Cahit Guven & Bent Sørensen, 2012. "Subjective Well-Being: Keeping Up with the Perception of the Joneses," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 109(3), pages 439-469, December.
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    Cited by:

    1. Bogner, Anna, 2023. "Memory asymmetries in experiential and material purchases: The role of self-expression," Junior Management Science (JUMS), Junior Management Science e. V., vol. 8(1), pages 163-187.

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