Developing a Subjective Measure of Consumer Well-Being

Dong Jin Lee, M. Joseph Sirgy, Val Larsen, Newell D. Wright

Research output: Contribution to journalArticle

82 Citations (Scopus)

Abstract

This study develops a macro measure of consumer well-being based on the notion that consumer well-being is determined by satisfaction with the acquisition, possession, consumption, maintenance, and disposition of consumer goods and services. In a survey of 298 university students, the proposed measure was found to have predictive (nomological) validity in relation to life satisfaction for three out of its five dimensions—acquisition, possession, and consumption. In sum, satisfaction in the consumer life domain was demonstrated to be an important component of life satisfaction.

Original languageEnglish
Pages (from-to)158-169
Number of pages12
JournalJournal of Macromarketing
Volume22
Issue number2
DOIs
Publication statusPublished - 2002 Dec

All Science Journal Classification (ASJC) codes

  • Marketing

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