Tatzel, M. (2002). “Money worlds” and well-being: An integration of money dispositions, materialism and price-related behavior. Journal of Economic Psychology, 23(1), 103-126.
Psychological aspects of money—attitudes, material values, and spending—are brought together in an integrated model of consumption patterns. Tightness with money combined with high materialism predicts value-seeking bargain hunting; looseness with money combined with high materialism predicts price-seeking conspicuous spending; tightness with money combined with low materialism predicts price aversion and reluctance to spend; and looseness with money combined with low materialism predicts spending on experiences ...