Materialism and well-being: The mediating effect of locus of control.

By Andrew N. Christopher, Liliane Saliba, Erik J. Deadmarsh. 2009

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Buying to Blunt Negative Feelings: Materialistic Escape from the Self (2016, background): “Materialism correlates positively with an external locus of control (Christopher et al., 2009; Donnelly et al., 2012; Hunt, Kernan, Chatterjee, & Florsheim, 1990), which corresponds to a belief that what happens to the self is largely beyond the self’s control.”
Why are materialists less happy? The role of gratitude and need satisfaction in the relationship between materialism and life satisfaction. (2014, result): “As in past research, we found that materialism was negatively associated with well-being, with comparable effect sizes (Burroughs & Rindfleisch, 2002; Christopher et al., 2009; Richins & Dawson, 1992).”
The Silver Lining of Materialism: The Impact of Luxury Consumption on Subjective Well-Being (2012, background): “However, various studies suggest that people who pursue material goals tend to experience lower subjective well-being (Christopher et al. 2009; Kashdan and Breen 2007; Miesen 2009).”