• Title/Summary/Keyword: Pro-Social Spending

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How Consumers Spend and Distribute Money Tainted by Anger

  • PARK, Hyun Young
    • Journal of Distribution Science
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    • v.19 no.7
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    • pp.51-59
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    • 2021
  • Purpose: Anger has become one of the dominantly experienced emotions in recent years, particularly under the COVID-19 pandemic. Considering the critical role that anger plays in consumers' lives, the present research examines how feeling angry about money influences consumers' spending and money distribution decisions. Research design and methodology. Three experiments were conducted using different emotion induction methods (i.e., dictator game, autobiographical recall, and scenario). Results. Feeling angry about money decreased pro-social spending (i.e., less money distribution to the others), but it did not affect virtuous or utilitarian spending for the self-unlike past finding on negative feelings that increased utilitarian spending. Furthermore, whereas anger-tainted money decreased pro-social spending of that money, guilt-tainted money increased pro-social spending. However, the effects of guilt versus anger were not completely symmetrical. The antagonistic effect of anger was diffusive across spending on distant and close others, whereas the pro-social effect of guilt was limited to distant others. Conclusions: These findings help policy makers and financial institutions forecast how money will be distributed or circulated when it is likely to be dampened by anger under the pandemic. They also highlight the importance of examining the effects of discrete emotions (e.g., anger vs. guilt) beyond valence.

The Effect of Spending Distribution on Financial Well-Being among Young Working Women

  • ZAINOL, Zuraidah;OMAR, Nor Asiah;ZAINOL, Zuraini;MOHD SHOKORY, Suzyanty;ABAS, Bahijah
    • Journal of Distribution Science
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    • v.20 no.11
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    • pp.1-9
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    • 2022
  • Purpose: This study determines the effect of spending distribution, namely experiential, impulsive, self-expressive, prosocial, and conspicuous spending, on the financial well-being of young working women in Malaysia. Research design, data and methodology: This study employed a quantitative and deductive approach. A sample of 400 young working women was selected using a systematic sampling technique. Data were collected using a self-administered questionnaire and analysed using Structural Equation Modelling (CB-SEM). Results: The findings revealed prosocial and impulsive spending as the significant spending distribution to affect financial well-being. The effect of prosocial spending is positive on financial well-being, while the effect of impulsive spending is a negative predictor of financial well-being. All other spending distribution - experiential, self-expressive, and conspicuous spending - do not have a significant effect on financial well-being. Conclusion: To achieve financial well-being, young working women need to distribute the spending budget for the happiness of others and reduce impulse buying. The findings provide useful insights on the significant role of spending distribution in influencing, how to fuel young working women to develop good spending habits that consequently improve their financial well-being, for themselves and Malaysian economics, as well as the plausible solution to overcome financial problems and high indebtedness.

The Characteristics and Determinants of Welfare Attitudes (복지태도의 미시적 결정구조와 특성)

  • Ryu, Jin-Seok
    • Korean Journal of Social Welfare
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    • v.56 no.4
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    • pp.79-101
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    • 2004
  • This paper examines the characteristics and determinants of welfare attitudes in Korea. Based on Survey data, this study focuses mainly on how social-economic position variables, welfare status and welfare compliances influence attitudes towards welfare. Welfare attitudes can be classified by five areas as follows: legitimacy of welfare functions, affordability of welfare costs, need-based welfare principles, responsibility of welfare provision and adequacy of welfare spending. There are the major findings. First, attitudes towards welfare is identified state-friendly or pro-welfare attitudes. Second, among the social-economic position variables, welfare status and welfare norms variables, welfare compliance has statistically the most significant effects on welfare attitudes. Third, the level of pro-welfare attitudes is largely determined by welfare norms and images espoused by individuals. These findings suggest that we can not apply cleavages thesis which are developed by studies on the support for welfare state.

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