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    Materialism: An assessment of possible negative psychological consequences of excessive endorsement of materialistic values

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    Author
    Lundy, John
    Date
    2009
    Degree
    BA in Psychology
    URI
    http://hdl.handle.net/10788/1475
    Publisher
    Dublin Business School
    Rights holder
    http://esource.dbs.ie/copyright
    Rights
    Items in Esource are protected by copyright. Previously published items are made available in accordance with the copyright policy of the publisher/copyright holder.
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    Abstract
    This study conducted a general analysis of the construct of materialism and assessed possible negative psychological outcomes. Self- administered questionnaires were given to psychology students (n= 91), and a quasi-experiment manipulating self -esteem was also employed. In line with hypotheses Materialism was negatively correlated with self-esteem, r = -.186 (p=<0.05), and positively correlated with anxiety (for participants over 28 years of age only), r= .518 (p=<0.01), and compulsive buying, r = .283 (p=< 0.01). Materialism was also negatively correlated with age, r =-.253 (p=<0.01), and Psychoticism, r =- .233, (p=<0.05) .Materialism differences were found across gender, and across age grouping. S.E.S, Compulsive Buying, and Psychoticism were significant predictor of materialism. No difference in loss of self- esteem was found between high and low materialists.
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