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How Social Media Shapes Our Happiness: Exploring the Mediating Effects of Social Comparison and Materialism

Despite its widespread presence, social media’s impact on happiness remains unclear. This study investigates the intricate relationship between social media use, happiness, materialism, and social comparison within the specific context of Saudi Arabia. It examines whether materialism and social comparison mediate the association between social media use and happiness. Data were collected through surveys focusing on popular social media platforms used by Saudi adults. These surveys measured social media use, happiness levels, materialistic tendencies, and the propensity for social comparison. A sample of 250 Saudi nationals residing in Riyadh, encompassing various genders and age groups, participated in the study. Statistical analyses using advanced software (SPSS, AMOS 26, and PROCESS 4.0) were conducted to assess correlations and potential mediating effects. The findings revealed a significant positive association between increased social media use and both higher materialism and social comparison. Surprisingly, a positive correlation was also observed between social media use and reported happiness levels. Interestingly, both materialism and social comparison significantly mediated the relationship between social media use and happiness. This suggests that these factors play a crucial role in explaining the observed connection. The findings imply that content presented on social media platforms might cultivate materialistic desires and a drive for upward social comparison, ultimately impacting happiness through these indirect pathways. This research contributes to the existing body of knowledge by proposing and testing a model that links social media use with happiness directly and indirectly through the mediating roles of materialism and social comparison. The study concludes by discussing the practical implications of these findings and outlining potential directions for future research.

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Risk Attitudes and Personality Traits Among Investors in Funds

How do an investor’s thoughts and feelings influence their behavior? Financial institutions must assess the risk attitudes of investors to ensure investors are being recommended appropriate financial products. This study is a further examination into whether risk attitudes are correlated with personality traits and to determine the risk attitudes of investors from different backgrounds. The risk attitudes of investors were examined according to the Big Five personality traits. Investor personality traits were linked to their investment decisions and risk attitudes. Differences in risk attitudes between investors from different backgrounds were also explored. A questionnaire survey was administered. Investors with fund investment experience were recruited. Correlations were observed between the Big Five personality traits and risk attitudes. Extroversion, agreeableness, conscientiousness, and openness to new experiences were positively correlated with risk attitudes, and neuroticism was inversely correlated with risk attitudes. These results indicated direct relationships between the Big Five personality traits and risk attitudes. This study also revealed significant differences in risk preferences between gender, marital status, discretionary budget, fund investment experience, and risk profile. The study results provide a broader reference for establishing investment risk profile charts that integrate personality traits into behavioral finance models in financial practices.

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The Role of Social Connectedness and Social Assurance in Prosocial Consumption: The Mediating Importance of Attitudes Toward Charity

This research addresses the underexplored nexus between social connectedness, belongingness, and prosocial consumption, focusing on their collective impact on individuals’ intentions to engage in products that support charitable causes. Recognizing people’s innate preference for interpersonal closeness, we investigate the pivotal roles of social connectedness and social assurance as indicators of belongingness in driving consumer choices that contribute to charitable objectives. A total of 242 participants completed a survey designed to assess their sense of belongingness, purchase intentions, and attitudes toward charitable activities. Our findings underscore the mediating effect of attitudes toward charity in predicting the inclination to participate in prosocial consumption. This mediation elucidates the mechanism through which social connectedness and the assurance of belongingness influence individuals to align their purchasing decisions with products that benefit charities, thereby aiding these organizations in achieving their social support targets. Our study contributes to the understanding of the psychological underpinnings of consumer behavior in the context of philanthropy. By elucidating the intricate interplay between social connectedness, belongingness, and charitable attitudes, we provide valuable insights for both scholars and practitioners seeking to comprehend and leverage the factors that drive consumers to make choices aligned with social responsibility. This research offers a clear and solid foundation for the relevance of our study and constructs, emphasizing their significance in shaping the landscape of consumer purchases involving philanthropy.

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Pedagogical Values and the Lawful Rules of Islamic Behavior in Consumption

This research delves into the intricate relationship between Islamic pedagogical values and Muslim consumer behavior, drawing upon the timeless wisdom of the Quran and Sunnah. It establishes a valuable theoretical framework, supported by a generalized logistic model, to illuminate how Islamic principles influence spending decisions within permissible boundaries. The research meticulously outlines the lawful rules governing consumption in Islam, categorized by permissible and prohibited actions to guide Muslims in their choices. Key findings reveal the holistic nature of Islam, highlighting its comprehensive influence on all aspects of life, including consumption. Islamic pedagogical values emerge as a powerful force in shaping behavior, weaving a tapestry of rules encompassing obligations like adhering to Halal principles, and prohibits extravagance, wastefulness, and stinginess. Moderation emerges as a cornerstone, steering consumers away from both extremes and illustrating how the Islamic framework accommodates increased income without necessarily leading to a proportional increase in consumption. The research challenges mainstream economic assumptions, presenting Islam’s perspective on spending and shedding light on the religious dimensions that shape consumer behavior within an Islamic framework. Beyond economic principles, the research highlights the exemplary life of Prophet Muhammad, offering practical examples of simplicity, moderation, and ethical consumer behavior, even in challenging circumstances. It advocates for integrating these values into decision-making processes, particularly in consumption matters, encouraging individuals to align their financial choices with Islamic jurisprudence and contribute to the overall well-being of the Muslim community. In conclusion, this research significantly enhances our understanding of Muslim consumer behavior, emphasizing the role of pedagogical values and lawful rules. The findings hold valuable implications for stakeholders like marketers, policymakers, and businesses seeking to engage with Muslim consumers, offering insights into product categorization and tailored engagement strategies. The research also introduces practical tools for further analysis and exploration, while acknowledging limitations and encouraging future research to refine our understanding across diverse cultural and religious landscapes.

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An Analysis of the Palestinian Foreign Trade During the Period 1995–2022: A Gravity Model Approach

This research investigates the determinants of Palestinian foreign trade by conducting a comprehensive analysis of various factors influencing both export and import volumes, using the gravity model as the analytical framework. The considered determinants include per capita GDP, Consumer Price Index (CPI), trade agreements, Israeli closure of commercial borders, and Geographical Distance. In terms of exports, the results demonstrate a statistically significant positive relationship with per capita GDP, affirming the hypothesis that heightened economic growth is associated with increased exports. On the import side, the Consumer Price Index (CPI) reveals a statistically significant positive association, showing that increased inflation is linked to a decline in imports, likely due to reduced purchasing power. Contrastingly, trade agreements show a complex relationship with both positive and negative potential impacts on both exports and imports. The complex nature of its impact necessitates further investigation. The Israeli closure of the commercial borders significantly hampers both import and export volumes, underscoring the challenges imposed by Israeli restrictions. Geographical Distance does not emerge as a significant factor in either exports or imports, challenging established economic theories regarding the impact of proximity on trade volumes. The research findings highlight the profound impact of Israeli occupation policies on the Palestinian economy, resulting in significant economic distortions and impeding economic development over several decades. Furthermore, the research shows the inability of the Palestinian Authority to implement independent economic policies due to the dominant role of Israel in decision-making processes. This inability, combined with the significant economic distortions caused by Israeli occupation policies, hinders further economic growth and development, as the Palestinian Authority cannot undertake crucial economic initiatives.

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