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2013 | 3/2 | 7-21

Article title

Ekonomiczna vs. psychologiczna perspektywa oceny wpływu konsumpcji na dobrobyt indywidualny


Title variants

Economic vs psychological perspective on the impact of individual consumption on well-being

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With the increasing interest in the economics of happiness, which questions the relation between the well-being and the level of economic development, there is a need to reconsider the impact of the increase in consumption on well-being. The article examines the relationship between consumption and well-being. The interdisciplinary analysis explored both, the economic and the psychological points of view. The study is based on the literature review and some rough empirical evidence. The analysis leads to the conclusion that, although very valuable, the findings of psychology on pathomechanisms such as highly materialistic attitudes, shopaholism or low levels of self-control, do not constitute the suffi cient grounds to challenge the accuracy of the overall positive impact of consumption on the quality of life and well-being in the economic sense.






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