Consumer Wisdom Scale (CWS)

Luchs, MG, Mick, DG, Haws, KL (2021). Consumer Wisdom for Personal WellBeing and the Greater Good: Scale Development and Validation. Journal of Consumer Psychology (July, 2021).

The CWS Scale Items: Consumer_Wisdom_Scale_-_items.docx


Table of Contents


Description


References


Description:

Purpose

A self-assessed, 6-dimension measure of Consumer Wisdom. Consumer Wisdom reflects the traits of a wise consumer who is adept at consuming in a way that promotes their own well-being while also reflecting a concern for the well- being of others.
Questions

24 items (4 per dimension): How well (or how often) does each of the following statements describe you? (1=never; 2=occasionally; 3=sometimes; 4=often; 5=frequently; 6=usually; 7=always)
Sub-scales

The 6 dimensions are: 1) Responsibility, 2) Purpose, 3) Flexibility, 4)Perspective, 5) Reasoning, and 6) Sustainability.
Domain

Decision Approach
Sample items

  • I have a realistic sense of the lifestyle that I can afford (Responsibility)
  • I manage my budget so that I can spend some money on experiences that give me a lot of pleasure and joy (Purpose)
  • I borrow or rent products to try them out before deciding if I want to buy them (Flexibility)
  • Before I buy something, I consider my previous experiences with similar purchases (Perspective)
  • I understand which product features are the most important (Reasoning)
  • I buy products from companies that promote environmental responsibility, even when they cost more (Sustainability)


References:

Scale:
Luchs, MG, Mick, DG, Haws, KL (2021). Consumer Wisdom for Personal WellBeing and the Greater Good: Scale Development and Validation. Journal of Consumer Psychology (July, 2021).

Uses:

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