THE HAPPINESS-TO-CONSUMPTION RATIO: AN ALTERNATIVE APPROACH IN THE QUEST FOR HAPPINESS

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1. Verfasser: SILVIO BORRERO CALDAS
Format: Artículo científico
Sprache:en
Veröffentlicht: Universidad ICESI 2010
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author SILVIO BORRERO CALDAS
author_facet SILVIO BORRERO CALDAS
contents THE HAPPINESS-TO-CONSUMPTION RATIO: AN ALTERNATIVE APPROACH IN THE QUEST FOR HAPPINESS SILVIO BORRERO CALDAS Administración y Contabilidad entropy Happiness consumption materialism individualism 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. 2010 artículo científico 0123-5923 https://www.redalyc.org/articulo.oa?id=21218552001 en http://www.redalyc.org/revista.oa?id=212 Estudios Gerenciales application/pdf Universidad ICESI Estudios Gerenciales (Colombia) Num.116 Vol.26
format Artículo científico
id redalyc_21218552001
institution Redalyc
language en
publishDate 2010
publisher Universidad ICESI
spellingShingle THE HAPPINESS-TO-CONSUMPTION RATIO: AN ALTERNATIVE APPROACH IN THE QUEST FOR HAPPINESS
SILVIO BORRERO CALDAS
Administración y Contabilidad
entropy
Happiness
consumption
materialism
individualism
THE HAPPINESS-TO-CONSUMPTION RATIO: AN ALTERNATIVE APPROACH IN THE QUEST FOR HAPPINESS SILVIO BORRERO CALDAS Administración y Contabilidad entropy Happiness consumption materialism individualism 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. 2010 artículo científico 0123-5923 https://www.redalyc.org/articulo.oa?id=21218552001 en http://www.redalyc.org/revista.oa?id=212 Estudios Gerenciales application/pdf Universidad ICESI Estudios Gerenciales (Colombia) Num.116 Vol.26
title THE HAPPINESS-TO-CONSUMPTION RATIO: AN ALTERNATIVE APPROACH IN THE QUEST FOR HAPPINESS
topic Administración y Contabilidad
entropy
Happiness
consumption
materialism
individualism
url https://www.redalyc.org/articulo.oa?id=21218552001