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This study examines the relationship between consumption and happiness, using panel data from China Family Panel Studies (CFPS). We find that total consumption expenditure has a significant and positive effect on happiness, but we find no evidence of a non-linear relationship between consumption...
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larger effects on life satisfaction than does income. We find no evidence for life satisfaction satiating in consumption. We … also show that spending on conspicuous consumption, such as clothing and vacations, affects life satisfaction more than … between consumption and life satisfaction …
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likely to be prone to an adaptation process, and can continually fascinate and provide satisfaction …
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The economic path we are currently on, which focuses on extreme materialism and overconsumption, is leading us to destruction. It is not sustainable and is destroying the true values that result in a healthy and happy society. After the financial meltdown of 2008, it is becoming very obvious...
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Today’s customers are ethically conscious and prefer those products that are ethically produced without using child labor and harm to animals and nature. This study shows various factors that affect ethical consumption and happiness. We proposed a model explaining the effect of ethical...
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