A discussion of negative behaviors evokes a lot of interest largely because they deviate from our routine and normal lives. Compulsive buying is one such phenomenon that is viewed as a negative/ unwanted behavior that leads one to undesirable social and economic consequences. The phenomenon of compulsive buying is not new. Researchers in the early 19lh century called it Oniomania (compulsive desire to shop). It was defined as impulsively driven buying that resulted in senseless amount of debt (Kraepelin, 1915). It was only in the late 80s that compulsive buying began to receive the necessary attention (Magee, 1994) due to the serious personal and societal consequences. Years later, it is now a well-known fact that compulsive buying is a behavioral disorder that causes an individual to continually make purchases regardless of financial, social or psychological consequences(Faber, 1992,Valence et al 1988).
The genesis of research on compulsive buying finds its roots in obsession compulsion literature. Research papers on compulsive buying began to appear in areas such as psychotherapy (Kruger, 1988), addiction (Glatt & Cook, 1987) and consumer behavior (Faber, O' Guinn & Krych, 1987). Throughout literature there ...
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Bragg, J. (2009). Digging Out From $80,000 in Debt. CNN.com
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Damon, J., (1988), Shopaholics. Los Angeles, CA: Price Stern Sloan Inc.
DeSarbo, W. and Edwards, E. A. (1996), "Typologies of Compulsive Buying Behavior: A Constrained Cluster wise Regression Approach", Journal of Consumer Psychology, 5 (3), 231 -262.
Glatt, M.M and Cook, C.C., (1987), "Pathological spending as a form of psychological dependence", British Journal of Addiction, 82,1257-1258.
Goldsmith, T. and McElroy, S. (2000). Compulsive Buying: Associated Disorders & Drug Treatment. In A.L.Benson (Ed.), "I shop, therefore I am: Compulsive Buying and the sear
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