The happiness-to-consumption ratio:an alternative approach in the quest for happiness

The huge amounts of money spent every year in purchasing material goods do not seem very effective in increasing consumers’ happiness. Indeed, higher income and correspondingly expensive consumption do not make people much happier, which implies that current consumerism is extremely inefficient in t...

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Main Author:	Silvio Borrero Caldas
Format:	Article
Language:	Spanish
Published:	Universidad ICESI 2010-07-01
Series:	Estudios Gerenciales
Subjects:	Happiness entropy consumption materialism individualism
Online Access:	http://www.sciencedirect.com/science/article/pii/S0123592310701212

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spelling	doaj-ee7a3439ee5446b68ac3e7f641d868532020-11-24T22:55:22ZspaUniversidad ICESIEstudios Gerenciales0123-59232010-07-0126116153510.1016/S0123-5923(10)70121-2The happiness-to-consumption ratio:an alternative approach in the quest for happinessSilvio Borrero CaldasThe huge amounts of money spent every year in purchasing material goods do not seem very effective in increasing consumers’ happiness. Indeed, higher income and correspondingly expensive consumption do not make people much happier, which implies that current consumerism is extremely inefficient in terms of producing happiness. Extant research and exploratory analyses suggest that people could improve their happiness-to-consumption efficiency through activities that let them achieve a sense of mastery and belonging, and by engaging in experiential and social consumption. Based on preliminary results hereby discussed, the article proposes research questions to be investigated by means of a cross-cultural study, anticipates potential contributions to the field, and suggests future research possibilities.http://www.sciencedirect.com/science/article/pii/S0123592310701212Happinessentropyconsumptionmaterialismindividualism
collection	DOAJ
language	Spanish
format	Article
sources	DOAJ
author	Silvio Borrero Caldas
spellingShingle	Silvio Borrero Caldas The happiness-to-consumption ratio:an alternative approach in the quest for happiness Estudios Gerenciales Happiness entropy consumption materialism individualism
author_facet	Silvio Borrero Caldas
author_sort	Silvio Borrero Caldas
title	The happiness-to-consumption ratio:an alternative approach in the quest for happiness
title_short	The happiness-to-consumption ratio:an alternative approach in the quest for happiness
title_full	The happiness-to-consumption ratio:an alternative approach in the quest for happiness
title_fullStr	The happiness-to-consumption ratio:an alternative approach in the quest for happiness
title_full_unstemmed	The happiness-to-consumption ratio:an alternative approach in the quest for happiness
title_sort	happiness-to-consumption ratio:an alternative approach in the quest for happiness
publisher	Universidad ICESI
series	Estudios Gerenciales
issn	0123-5923
publishDate	2010-07-01
description	The huge amounts of money spent every year in purchasing material goods do not seem very effective in increasing consumers’ happiness. Indeed, higher income and correspondingly expensive consumption do not make people much happier, which implies that current consumerism is extremely inefficient in terms of producing happiness. Extant research and exploratory analyses suggest that people could improve their happiness-to-consumption efficiency through activities that let them achieve a sense of mastery and belonging, and by engaging in experiential and social consumption. Based on preliminary results hereby discussed, the article proposes research questions to be investigated by means of a cross-cultural study, anticipates potential contributions to the field, and suggests future research possibilities.
topic	Happiness entropy consumption materialism individualism
url	http://www.sciencedirect.com/science/article/pii/S0123592310701212
work_keys_str_mv	AT silvioborrerocaldas thehappinesstoconsumptionratioanalternativeapproachinthequestforhappiness AT silvioborrerocaldas happinesstoconsumptionratioanalternativeapproachinthequestforhappiness
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The happiness-to-consumption ratio:an alternative approach in the quest for happiness

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