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Although it is suggested that materialism value leads to more purchase-evoked happiness, limited research has investigated the underlying mechanism of the relationship. The purpose of the paper is to fill the research gap, demonstrating how materialism increases purchaseevoked happiness. Two surveys with a student sample (n = 112) and an Amazon Mechanical Turk sample (n = 207) were conducted. Bootstrapping analysis was used to examine the data. The findings identify the mediating role of purchase’s impact on self plays between materialism and purchase-evoked happiness, and reveal that purchase type (material vs. experiential purchase) moderates the mediation. For material purchases, higher-materialism value leads to more perceived impact of the purchases on self, which in turn, results in more purchase-evoked happiness. For experiential purchases, there is no such mediation effect of the purchases’ impact on self between materialism and purchase-evoked happiness. This paper is the first research providing empirical support for materialists’ belief that material possessions influence them personally and identifying the mechanism under which materialism increases purchase-evoked happiness. It expands the research on materialism and purchase type by showing that materialism as a personal value interplays with purchase type in influencing how happiness is obtained from purchases.

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