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Consumption and Well-Being: Collecting Experiences Rather Than Material Possessions

Consumption and Well-Being: Collecting Experiences Rather Than Material Possessions
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Author(s): Sandra Maria Correia Loureiro (Instituto Universitário de Lisboa (ISCTE-IUL), Business Research Unit (BRU/UNIDE) and SOCIUS, Portugal)
Copyright: 2017
Pages: 30
Source title: Socio-Economic Perspectives on Consumer Engagement and Buying Behavior
Source Author(s)/Editor(s): Hans Ruediger Kaufmann (University of Applied Management Studies Mannheim, Germany & University of Nicosia, Cyprus)and Mohammad Fateh Ali Khan Panni (City University, Bangladesh)
DOI: 10.4018/978-1-5225-2139-6.ch012

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Abstract

Consumerism can be regarded as a system of beliefs and values in which emerge the idea that happiness is best achieved through possessions. In literature, several terms related to this topic are employed, such as: consumerism, consumption, anti-consumption and consumption communities and subjective well-being. Therefore, the purposes of this chapter are to (i) present an overview of the research concepts, models and main theories of this topic and (ii) discuss and inter-relate consumption and subjective well-being. The chapter provides a proposed framework with the state-of-art on consumption, anti-consumption and subjective well-being and a study into rural tourism context. Finally, the chapter also presents suggestions for further research and managerial implications. In this vein, this chapter contributes to the existing literature giving insights for a better understanding the problematic of consumers, anti-consumers and subjective well-being as a whole and rural tourism consumption experience industry in particularly.

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