The concept of impermanence is one of the three essential teachings in Buddhism, known as the three marks of existence (TME), which describe the nature of experience. This study is among the first to empirically investigate the impact of an impermanence mindset—an underexplored psychological factor—on consumer behavior. Using Buddhist psychology as a framework, the research examines two novel psychological dimensions: impermanence awareness and impermanence acceptance, and their influence on con…
Read moreThe concept of impermanence is one of the three essential teachings in Buddhism, known as the three marks of existence (TME), which describe the nature of experience. This study is among the first to empirically investigate the impact of an impermanence mindset—an underexplored psychological factor—on consumer behavior. Using Buddhist psychology as a framework, the research examines two novel psychological dimensions: impermanence awareness and impermanence acceptance, and their influence on consumer well-being. A total of 327 participants from the USA completed a survey study via Amazon Mechanical Turk. Our findings distinguish between impermanence awareness and impermanence acceptance conceptually and empirically. Impermanence awareness is positively linked to perceived resource scarcity and negatively associated with consumer peace of mind and consumer well-being. In contrast, impermanence acceptance is positively related to peace of mind and consumer well-being, and marginally negatively associated with perceived resource scarcity. Our study underscores that while awareness may serve as a foundation, it is the acceptance of impermanence that drives positive psychological and behavioral outcomes, offering a pathway to greater consumer well-being and more ethical consumption attitudes. Given that current consumer psychology largely relies on cognitive, social, and behavioral frameworks, this research highlights the potential for integrating alternative approaches, such as Buddhist psychology, to address often overlooked consumer issues like happiness, life satisfaction, and well-being.