KOREASCHOLAR

From the past to the present, we are living in an age of social comparison. Above all, upward social comparison to those who are superior in terms of their social and economic status makes individuals feel psychologically deficient and threatened. As a result, individuals oftentimes exhibit compensatory consumption to relieve their unfulfilled desires such as stress, disappointment, and self-esteem deficiency by purchasing high-end products or brands (Mandel, Petrova, & Cialdini, 2006; Pettit & Sivanathan, 2011).

• Nan-Hee Jeong(Yonsei University, Republic of Korea)
• Se-Bum Park(Yonsei University, Republic of Korea)