4.7 Article

I must have done something good: Justifying luxury consumption with karmic beliefs

Journal

JOURNAL OF BUSINESS RESEARCH
Volume 144, Issue -, Pages 193-200

Publisher

ELSEVIER SCIENCE INC
DOI: 10.1016/j.jbusres.2022.01.074

Keywords

Luxury; Karma; Belief in a just world; Promotion focus

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Funding

  1. National Natural Science Foundation of China [72102230]
  2. 2021 Hongik University Research Fund

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Research has shown that belief in karma can affect luxury consumption as people may justify their consumption by believing in cosmic retribution. This effect is mediated by the belief in a just world, and is influenced by the individual's promotion focus.
Existing research has shown that a belief in karma may negatively affect luxury consumption because people may avoid sinful consumption of expensive products as a result of karmic investment. In this research, we examine the role of karmic beliefs on luxury consumption that individuals may contend is a form of justification. We show that karmic beliefs lead to higher purchase intention of luxury goods by consumers (Study 1), and this effect is mediated by belief in a just world (BJW) (Study 2). We also demonstrate an important boundary condition of promotion focus between karmic beliefs and BJW (Study 3). Our research provides an alternative perspective to investigate the impact of karmic beliefs and the justification mechanism in luxury consumption.

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