Re-examining the Experiential Advantage in Consumption: A Meta-Analysis and Review
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Re-examining the Experiential Advantage in Consumption: A Meta-Analysis and Review EVAN WEINGARTEN JOSEPH K. GOODMAN Downloaded from https://academic.oup.com/jcr/article/47/6/855/5906525 by guest on 23 April 2021 A wealth of consumer research has proposed an experiential advantage: consum- ers yield greater happiness from purchasing experiences compared to material possessions. While this research stream has undoubtedly influenced consumer research, few have questioned its limitations, explored moderators, or investigated filedrawer effects. This has left marketing managers, consumers, and researchers questioning the relevance of the experiential advantage. To address these ques- tions, the authors develop a model of consumer happiness and well-being based on psychological needs (i.e., autonomy, relatedness, self-esteem, and meaning- fulness), and conduct an experiential advantage meta-analysis to test this model. Collecting 360 effect sizes from 141 studies, the meta-analysis supports the expe- riential advantage (d ¼ 0.383, 95% CI [0.336, 0.430]), of which approximately a third of the effect may be attributable to publication bias. The analysis finds differ- ential effects depending on the type of dependent measure, suggesting that the experiential advantage may be more tied to relatedness than to happiness and willingness to pay. The experiential advantage is reduced for negative experien- ces, for solitary experiences, for lower socioeconomic status consumers, and when experiences provide a similar level of utilitarian benefits relative to material goods. Finally, results suggest future studies in this literature should use larger sample sizes than current practice. Keywords: experiential advantage, meta-analysis, well-being, experiences H ow can consumers increase their happiness? And how might managers increase the happiness of their consumers to create firm value? Decades of consumer re- variety (Iyengar and Lepper 2000), schedule less leisure (Tonietto and Malkoc 2016), avoid explicit compensatory consumption (Rustagi and Shrum 2019), consider how you search has made many suggestions: choose from less discuss consumption (Moore 2012), and be more conscien- tious of time than money (Mogilner 2010), just to name a Evan Weingarten (evan.weingarten@asu.edu) is an assistant professor few. But, one recommendation that has received abundant of Marketing at the W. P. Carey School of Business, Arizona State attention (and hundreds of citations) pertains to experien- University, 400 E. Lemon Street, Tempe, AZ 85281, USA. Joseph K. ces: consume more experiences and fewer material goods Goodman (Goodman.425@osu.edu) is an associate professor of (Bastos and Brucks 2017; Chan and Mogilner 2017; Marketing at Fisher College of Business, The Ohio State University. The authors would like to thank numerous authors for their assistance with Gilovich, Kumar, and Jampol 2015; Nicolao, Irwin, and submitting unpublished studies and additional study details, including Goodman 2009; Van Boven and Gilovich 2003). Amit Kumar, Cindy Chan, and Selin Malkoc for their recommendations Many researchers propose that purchasing experiences and guidance, and Marisa Mayer and Alyssa Colasanti for their coding as- sistance. Supplementary materials are included in the web appendices ac- yields greater happiness for consumers than similar mate- companying the online version of this article. rial possessions, or what researchers have termed the expe- riential advantage. This research stream has undoubtedly influenced consumer research and many replications have Editor: J. Jeffrey Inman been published, along with multiple psychological pro- cesses (e.g., social value, identity centrality, and memory) Associate Editor: Andrew T. Stephen to help explain the effect. However, few researchers have Advance Access publication 16 September 2020 questioned the limitations of the effect, compared the C The Author(s) 2020. Published by Oxford University Press on behalf of Journal of Consumer Research, Inc. V All rights reserved. For permissions, please e-mail: journals.permissions@oup.com Vol. 47 2021 DOI: 10.1093/jcr/ucaa047 855
856 JOURNAL OF CONSUMER RESEARCH relative impact of the different dependent measures used, of happiness and their relevance for researchers, consum- and/or explored possible moderators and filedrawer effects. ers, and managers. This has left managers, consumers, and researchers ques- tioning the broad relevance of the experiential advantage. THE MATERIAL-EXPERIENTIAL Yet, the tradeoff to consumers and managers is real, par- CONTINUUM AND THE EXPERIENTIAL ticularly in today’s modern economy of experiential mar- keting and materialism (Pieters 2013; Pine and Gilmore ADVANTAGE 1999; Schmitt 1999). Consumers have access to a wide ar- The way consumers perceive options can be critical to ray of options when it comes to spending their income, and their choice of and happiness derived from those options. they continually face a choice between purchasing material Prior literature has advanced multiple continua along goods—such as new skis or a new sofa—to experiences— which items can be perceived to vary. Consumers can pick such as a ski vacation or learning to skydive. Similarly, from expenditures that range from hedonic (e.g., designer Downloaded from https://academic.oup.com/jcr/article/47/6/855/5906525 by guest on 23 April 2021 marketing managers must choose whether to invest their clothes) to utilitarian (e.g., a microwave; Chen, Lee, and limited resources in the product itself (e.g., the brand REI Yap 2017; Dhar and Wertenbroch 2000) or from vices developing new ski equipment), or to the experiences they (e.g., cake) to virtues (e.g., fruit; Shiv and Fedorikhin may offer as well (e.g., the brand REI developing new ski 1999). Where consumers perceive options to be located on trips for their members). these continua can shift purchase intentions and decisions In this research, we systematically address these ques- (Khan and Dhar 2006, 2007). In this research, we concen- tions by developing a broad model of happiness and well- trate on another continuum that has important implications being based on psychological needs (i.e., autonomy, relat- for consumer theory and well-being: the material- edness, self-esteem, and meaningfulness; Baumeister and experiential continuum (Carter and Gilovich 2014; Leary 1995; Kahneman, Diener, and Schwarz 1999; Ryan Gilovich et al. 2015). and Deci 2000, 2001; Sheldon et al. 2001), and we conduct This material-experiential continuum has consequences a meta-analysis on the experiential advantage to test this for consumer happiness and well-being, and the literature model. Collecting 360 effect sizes from 141 studies, from suggests an experiential advantage, which posits that expe- both published and unpublished papers, we examine the riential purchases lead to greater individual happiness and strength of the effect across a variety of manipulations and well-being than comparable material purchases. In a now- dependent measures, examine theoretical moderators of the effect, and test for the impact of publication bias within the classic study, Van Boven and Gilovich (2003, 1194) asked literature. While prior investigations into this literature participants to recall an experience or a material possession have contributed studies in batches to examine specific the- of at least $100. Participants subsequently reported how ories for why people may prefer experiences to material happy thinking of the purchase made them, how much the possessions and for what types of well-being or social out- purchase contributed to their life happiness, and whether comes, we quantitatively synthesize a wide set of studies to the purchase was money well spent. Across these and other ascertain if any theoretically relevant moderators may have measures, experiences bested material possessions: people an impact on when the experiential advantage occurs. We were happier with experiences. Further, the happiness orig- build a broader theory of the experiential advantage as it inating from experiences decays much slower than that of pertains to theories of happiness, examining how experien- material possessions (Nicolao et al. 2009). That is, whereas ces fulfill different psychological needs to contribute to people may be similarly satisfied initially with their experi- well-being (i.e., relatedness, autonomy, self-esteem, and ences and material possessions, present satisfaction for ma- meaningfulness). Across our dataset, we observe a moder- terial possessions drops more sharply than for experiences ate effect (d ¼ 0.383), about a third of which may be attrib- (Carter and Gilovich 2010). Further, in an attempt to better utable to publication bias. We also find differential effects understand the psychological processes behind the experi- depending on the type of dependent measures used by the ential advantage, researchers have replicated the effect and researcher, suggesting that the experiential advantage may have occasionally examined boundary conditions be more tied to its impact on outcomes about relatedness (Caprariello and Reis 2013; Nicolao et al. 2009). (i.e., social connection) compared to happiness and willingness-to-pay measures. Moderator analyses support a A MODEL OF THE EXPERIENTIAL reduction in the experiential advantage for negative and ADVANTAGE solitary experiences, for lower socioeconomic status indi- viduals, and when experiences provide a similar level of The literature exploring the experiential advantage has utilitarian benefits relative to material purchases. proposed several psychological processes that can be cate- Exploratory analyses also suggest studies in this literature gorized into three mechanisms as proposed by Van Boven should use larger sample sizes than are currently being uti- and Gilovich (2003, 1200): experiences have more social lized. We discuss these findings in light of general theories value, experiences are more central to one’s identity, and,
WEINGARTEN AND GOODMAN 857 FIGURE 1 (Baumeister and Leary 1995; Reis et al. 2000; Sheldon et al. 2001), and it is also a key psychological need of self- PROPOSED THEORETICAL MODEL OF THE EXPERIENTIAL determination theory (Ryan and Deci 2001). The need for ADVANTAGE relatedness, or often referred to as a need to belong, requires meaningful conversations and/or spending time with others in order to experience stronger positive than negative emotions (Mehl et al. 2010; Reis et al. 2000). Several researchers have argued that experiential pur- chases are more conducive to fulfilling this relatedness need. Experiences tend to (but not always) entail human interactions and are more enjoyable with others (Caprariello and Reis 2013). Experiential (vs. material) Downloaded from https://academic.oup.com/jcr/article/47/6/855/5906525 by guest on 23 April 2021 gifts are preferred when the giver and receiver have stron- ger social connections (i.e., less social distance; Goodman and Lim 2018) and they lead to stronger social connections (Chan and Mogilner 2017). Others have argued that part of the experiential advantage is due to the fact that experien- due to dynamics of memory and time, experiences better ces are more enjoyable to bring up in conversations and are preserve one’s happiness. Many initial investigations into perceived to have higher social currency (i.e., value in con- the experiential advantage sought to provide evidence for versations; Bastos and Brucks 2017). Experiences therefore these mechanisms (Carter and Gilovich 2012; Van Boven provide, consistent with self-determination theory, a way et al. 2010). However, these three mechanisms may be to fulfill needs for relatedness through a means of having composed of multiple sub-categories of psychological need conversation-worthy topics with others and a way to feel states that are inputs to happiness that experiences fulfill understood (Howell and Hill 2009). Given the pervasive- more rigorously than do material possessions (Ryan and ness of the importance of social utility from experiences, Deci 2000, 2001). For example, the social value of experi- we hypothesize a positive relationship between experiential ences reflects both a need for relatedness via conversation (vs. material) purchases and dependent measures that tap with others (Reis et al. 2000) and self-esteem needs for into the construct of relatedness. positive self-image (Sheldon et al. 2001). Similarly, the identity-relevance of experiences could reflect component The Experiential Advantage and Autonomy needs of self-esteem (Usborne and Taylor 2010), auton- omy, and meaningfulness (Deci and Ryan 2008; Suh The individual desire for autonomy, or feeling like one- 2002). self and endorsing one’s own actions, is another of the cen- We decompose these mechanisms into psychological tral psychological needs of self-determination theory and a needs based on the happiness and well-being literature contributor to well-being (Ryan and Deci 2001). In multi- (Baumeister et al. 2013; Kahneman et al. 1999; Ryan and ple studies, including those following individuals over Deci 2000, 2001; Sheldon et al. 2001; see figure 1). We time, engagement in activities for more intrinsic reasons or build on the existing explanations for the experiential ad- activities that helped people feel like their true selves bol- vantage by separating them into how they fulfill different stered daily well-being (Deci and Ryan 2008; Reis et al. psychological need states, which in turn contribute to 2000; Ryan and Deci 2001; Sheldon, Ryan, and Reis well-being. Specifically, we divide measures in the afore- 1996). mentioned three mechanisms into how they feed into four There is evidence that purchasing experiences may con- psychological needs, which have consistently been linked tribute to these feelings of autonomy. Van Boven and to health, happiness, and eudaimonia: autonomy, related- Gilovich (2003, 1200) contend that an individual life is the ness, self-esteem, and meaningfulness (Baumeister and sum of one’s experiences (however, see Belk 1988 for a Leary 1995; Ryan and Deci 2000; Sheldon et al. 2001). different perspective suggesting the important role of mate- Next, we review how the experiential advantage has an im- rial goods and the self). Indeed, multiple experimental pact on each of these consumer needs for happiness in the studies have shown people believe experiences fulfill the need for autonomy (Howell and Hill 2009; Kim et al. sections below. 2016; Thomas and Millar 2013), and that consumers be- lieve experiential purchases reveal more about who they The Experiential Advantage and Relatedness are than their material purchases (Carter and Gilovich Humans have a fundamental psychological need for re- 2012). These experiences are more likely to be included in latedness, which is the need for social engagement and the a description of their life story (Carter and Gilovich 2012). need to form and maintain stable social relationships If experiential (vs. material) purchases reveal more about a
858 JOURNAL OF CONSUMER RESEARCH person’s consumption choices, which reflects their identity, of several happiness-related measures. Further, studies then we would hypothesize a positive relationship between have found activities that contain personal expressiveness experiential (vs. material) purchases and measures that tap (which are linked to experiential purchases) enhance eudai- into the satisfaction of autonomy needs. monia (Waterman 1993). Based on these findings, we hy- pothesize that experiential (vs. material) purchases will be The Experiential Advantage and Self-Esteem positively associated with measures of meaningfulness. Autonomy, relatedness, and self-esteem are also key Another key component of psychological well-being is drivers of meaningfulness and happiness (Ryan and Deci self-esteem, which is positive evaluations and confidence 2000), the latter of which is usually represented as affec- in the self (Baumgardner 1990). Self-esteem is heightened tive measures in the material-experiential literature. Thus, when individuals have clarity in one’s self-concept and we would hypothesize a positive relationship between ex- cultural identity (Campbell 1990; Usborne and Taylor periential (vs. material) purchases and measures of mean- 2010), and it has been linked to higher levels of happiness Downloaded from https://academic.oup.com/jcr/article/47/6/855/5906525 by guest on 23 April 2021 ingfulness and happiness. Further, given that customers try and subjective well-being (Sheldon et al. 2001; Usborne to maximize their happiness and long-term meaning when and Taylor 2010). making purchase decisions, we would also hypothesize a There is also evidence that experiences reveal more positive relationship between experiential (vs. material) about an individual’s identity (Carter and Gilovich 2012) and measures of purchase likelihood. and that material purchases may reflect negatively on one’s feelings of the self (Bastos and Brucks 2017). Notably, Testing the Theoretical Model senders discussing material possessions may risk their au- dience drawing a negative inference about them (e.g., a We test these psychological processes by coding the var- materialistic identity; Van Boven 2005; Van Boven et al. ious dependent measures used across the 141 studies in our 2010). Whereas collecting experiences may yield positive meta-analysis. By separating these measures into separate self-evaluations, concentrating on possessions could impair psychological needs, we can examine the relative effect peoples’ self-esteem (Fournier and Richins 1991). At its size strength of each process and compare it to other meas- worst, such a focus on material goods could lead to vicious ures tapping into downstream consequences, namely mean- cycle of materialism (Pieters 2013). The experiential ad- ingfulness, happiness, and purchase intentions. Though we vantage literature contains several of these types of meas- cannot test traditional mediation with our data (each study ures of impressions or evaluations of others (Valsesia and had different dependent measures), we can test whether the Diehl 2017; Van Boven et al. 2010). If experiences (vs. direct effect on happiness is larger than the effect on each material purchases) contribute more to one’s positive self- component of psychological needs. esteem, then we would hypothesize a positive relationship In addition to testing our theoretical model, we can also between experiential (vs. material) purchases and measures test the effect size on purchase intentions relative to happi- that tap into an individual’s concern for self-esteem. ness and psychological needs. We treat purchase intention measures separately from happiness in this meta-analysis The Experiential Advantage and Meaningfulness, to specifically test whether feelings of happiness actually translate into comparable effects on consumer behavior. Happiness, and Purchase Preference We can also test from this model whether there is evi- Another related concept to happiness and subjective dence for a material-experiential continuum. Other re- well-being is meaningfulness, or eudaimonia, and is a search has proposed that material-experiential difference is “cognitive and emotional assessment of whether one’s life a continuum and can be maximized or minimized. For in- has purpose and value” (Baumeister et al. 2013, 506). Its stance, there are manipulations that may minimize this dif- roots stem from early theories of self-actualization and it is ference through using the same purchase framed as either a different from happiness in that it encompasses feelings of material or experience (e.g., a 3D TV or a grill; Bastos and meaning and purpose over long periods of time. It is driven Brucks 2017; Carter and Gilovich 2012). Similarly, there by achieving one’s long-term goals or growth (Baumeister are manipulations that maximize this difference by picking et al. 2013; Ryan and Deci 2001). two different purchases at each end of the spectrum (e.g., a There is evidence that experiential and material pur- new shirt vs. a ski pass; Van Boven et al. 2010, Study 3). chases may differ in the extent to which they contribute to Recall tasks (Van Boven and Gilovich 2003) and real pur- feelings of meaningfulness. In the experiential advantage chase tasks (Chan and Mogilner 2017) should fall some- literature, several studies ask about personal growth from where between these two extremes because individuals the experience or material possession (Sisso 2013), their have a wide latitude in what can be invoked (Van Boven importance or meaningfulness (Goodman et al. 2016), or and Gilovich 2003). Given the evidence that the material- about the purchase’s contribution to happiness in life experiential difference is a continuum, we hypothesize that (Nicolao et al. 2009; Van Boven and Gilovich 2003) as one manipulations that maximize the difference (i.e., two
WEINGARTEN AND GOODMAN 859 different purchases), will have larger effect sizes than purchases. Lee, Hall, and Wood (2018) provide evidence manipulations that minimize this difference (i.e., same pur- that the experiential advantage only emerges for higher so- chase, different framing). cioeconomic status individuals. As one illustration, the ex- periential advantage was stronger for studies with Other Theoretical Factors participants from private universities (i.e., higher socioeco- nomic status) than for studies with participants from public The literature has posited other boundary conditions for universities (i.e., lower socioeconomic status). We there- the experiential advantage. While there are some individ- fore mimic their coding of whether the sample in question ual studies that provide evidence, our meta-analysis ena- is from public or private universities, and hypothesize that bles a broader-scale test of the following boundary effect sizes will be smaller for public (vs. private) conditions. universities. Valence. Some purchases have a positive outcome, Likelihood/Frequency of Consideration. One conten- Downloaded from https://academic.oup.com/jcr/article/47/6/855/5906525 by guest on 23 April 2021 while others turn out negatively. Nicolao et al. (2009) re- tion from the literature is that material possessions may be port that the experiential advantage only holds for positive remembered more frequently than experiences (Carter and purchases, yet it is attenuated for negative cases. We there- Gilovich 2010; Tully and Meyvis 2017; Weidman and fore code for whether the experience or material possession Dunn 2016). Material goods that are remembered more of- were specified to have gone poorly or not, and hypothesize ten might increase remembered utility and decrease the ex- that effect sizes will be smaller for negative (vs. positive) periential advantage; however, remembering a purchase outcomes. more often might facilitate more hedonic adaptation and Solitary versus Social. Many experiential purchases increase the experiential advantage (Nicolao et al. 2009). are consumed with others (e.g., a concert) while others are Thus, we measured how likely people are to think of the consumed alone (e.g., a massage). Caprariello and Reis purchase a few months later and how often they think (2013) provide evidence that the experiential advantage about it in that interval. Given the mixed hypotheses, we only occurs when the experience is done with others. do not make an explicit hypothesis in one direction. When an experience is a solitary event, they found no ex- periential advantage, suggesting we should find a smaller Methodological Factors and Their Impact on the effect size for solitary events. Thus, we code whether the Experiential Advantage experience was constrained to be a solitary event, and hy- pothesize a smaller effect size for solitary (vs. social) There may also be other methodological factors that events. moderate the experiential advantage, significantly influencing effect size. While there is not any clear theoret- Utilitarian/Hedonic Value. Material possessions are ical prediction, these factors may provide insight for future often described in the literature in terms of their function, research. Thus, in our meta-analysis, we also examine the whereas experiences are often described more in terms of following factors. enjoyable social use (Bastos and Brucks 2017; Carter and Gilovich 2010, 2012; Tully and Sharma 2018). One possi- Publication Year. The year of study publication may bility is that there is a utilitarian advantage for material be related to effect sizes according to the decline effect possessions and a hedonic advantage for experiences. (Schooler 2011). Some literatures exhibit changes in effect These differences—a positive difference in hedonic bene- sizes over time potentially due to methodological refine- fits for experiences relative to material goods, and a nega- ments (Mooneyham et al. 2012). tive difference in utilitarian benefits for experiences Publication Bias. Unpublished studies may have relative to material goods—may contribute to the experien- smaller effect sizes because they were not deemed to have tial advantage. If so, then we would hypothesize a decrease strong enough results for publication (Rosenthal 1991; in the effect size as these differences decrease. Rosenthal and Rosnow 2008). Alternatively, such studies Specifically, we expect a smaller effect size when (a) the may have similar effect sizes as the published literature if difference in hedonic benefits between experiences and they explored a potential moderator that did not come to material goods decreases or (b) the difference in utilitarian fruition, and the study was not published due to not con- benefits between experiences and material goods tributing new insights to extant theory. decreases. Thus, we measure the extent to which the pur- Sample. Some samples, such as Amazon Mechanical chases in the literature are considered to be more or less Turk, can differ from other samples. Amazon Mechanical utilitarian and hedonic. Turk has been a particularly popular sample in consumer Socioeconomic Status. A consumer’s socioeconomic research in recent years, but it has its critics and there are status may also affect their ability and intention to make individual differences (e.g., extraversion, depression in hedonic purchases, which may be related to experiential some samples) between Amazon Mechanical Turk and
860 JOURNAL OF CONSUMER RESEARCH other samples (Goodman, Cryder, and Cheema 2013; information from the studies listed and to request missing Goodman and Paolacci 2017). information. In total, we sent 42 e-mails, of which 36 (85.7%) received responses. A sample e-mail can be found Dependent Measure Format. Researchers have used in web appendix A. We also reached out for unpublished various dependent measures to measure happiness and materials through e-mails sent to authors of studies and well-being. Whether the dependent measures were Likert- papers, the ACR-L listserv, the Society for Judgment and scales (e.g., happiness questions from Van Boven and Decision Making mailing list, and the Society for Gilovich 2003) or non-scales (e.g., dictator game alloca- Consumer Psychology website. tions from Walker, Kumar, and Gilovich 2016) could have an impact on effect sizes. Inclusion Criteria Study Design. Studies may vary in effect sizes based We included studies that adhered to four criteria: on whether they employ within-subject or between-subject Downloaded from https://academic.oup.com/jcr/article/47/6/855/5906525 by guest on 23 April 2021 designs. Within-subject designs should technically have 1. Consequences. Studies needed to examine down- higher power than between-subject designs (Rosenthal and stream consequences of comparisons between ex- Rosnow 2008), which might translate into smaller effect periential purchases (or experiences) and material sizes (and tighter confidence intervals) for within-subject purchases (or possessions). These consequences designs as an artifact. Thus, in our meta-analysis, we test typically dealt with well-being (e.g., life satisfac- whether within-subject designs are associated with smaller tion or happiness; Van Boven and Gilovich 2003; effect sizes. Nicolao et al. 2009), self-esteem (e.g., impres- sions; Van Boven, Campbell, and Gilovich 2010), or identity-based (e.g., Carter and Gilovich 2012) STUDY OVERVIEW dependent measures. We enumerate the types of dependent measures we coded in the moderator We conduct a comprehensive and systematic meta- coding section. analysis on the literature of the experiential advantage. We 2. Manipulation. Studies needed to manipulate expe- examine studies in which the dependent measures can be riential versus material purchase either within- or considered in terms of an objective advantage for experien- between-subject. A full list of included manipula- tial purchases versus material purchase (e.g., happiness or tions can be found in the moderator section. feelings of connectedness). We find medium size effects 3. Advantages. Dependent measures needed to be in- for measures and conditions intended to conceptually repli- terpretable in terms of an advantage. For example, cate the experiential advantage (d ¼ 0.383), with the full a measure that examined whether experiences led literature having an overall effect size about a fifth smaller to more happiness with one purchase versus an- (d ¼ 0.315). We rule out some publication bias concerns, other is an objective advantage. Similarly, whether and we test key theoretical and methodological moderators or not consumers feel more connected with others of the effect. by an experiential or material purchase we con- sider to be an objective advantage. However, whether individuals are perceived to be higher or METHODOLOGY lower on intrinsic or extrinsic motivation Literature Search (O’Keefe, Caprariello, and Reis 2012, Study 1) or want to consume a good earlier or later (Kumar We searched multiple databases and conference pro- and Gilovich 2016), or whether individuals experi- grams for studies and papers during Summer 2017. First, ence regret for action or inaction (Rosenzweig and we searched both PsycINFO and Proquest Dissertations Gilovich 2012) all are not easily translated into and Theses using “(experiential OR material OR material- advantages without an additional value judgment. experiential OR experiential-material) AND (gift OR con- 4. Statistical Sufficiency. Studies needed to have suf- sumption OR product OR products OR purchase OR pur- ficient information to be able to compute effect chases OR possessions OR possession).” Second, we sizes. We reached out to authors regarding studies checked all forward citations of Van Boven and Gilovich with missing information as part of the literature (2003) on Web of Science. Third, we looked through pro- search. We were unable to acquire sufficient infor- grams from the Society of Consumer Psychology (SCP), mation for one or more studies in the following Association for Consumer Research, Society for papers: Ang et al. (2015), Jun (2015), Madan, Lim, Personality and Social Psychology (SPSP), and Society for and Ng (2016), Millar and Thomas (2009), Min (2012), Nicolao (2009), Yu et al. (2016), and Judgment and Decision Making (SJDM) conference Zhang et al. (2014). programs. We e-mailed authors of papers and studies discovered Based on these criteria, we excluded studies that focused through the previous step in July 2017 to verify the on antecedents that influenced preference for material or
WEINGARTEN AND GOODMAN 861 experiential purchases (Tully, Hershfield, and Meyvis absolute, measures of whether the heterogeneity in the 2015), requested participants to recall an unspecified type sample is due to sampling variation (Huedo-Medina et al. of good (Guevarra and Howell 2015, Study 1; Nicolao 2006). We also provide s2 as a measure of absolute et al. 2009, Study 2) or a good that was both experiential heterogeneity. and material (Guevarra and Howell 2015, Study 1; We calculated the aggregate effect size using a hierar- S€a€aksj€arvi, Hellen, and Desmet 2016, Study 1). chical linear model (HLM) to address the multiple depen- We included studies into two datasets: a Conceptual dent measures possibly present in some studies that have Replication dataset and a Full dataset. In the Conceptual been used in other research (Bijmolt and Pieters 2001). Replication dataset, we excluded all dependent measures This model allows us to test for effect size and impact of or conditions designed to attenuate or reverse the effect, or moderators based on having multiple studies with one or data in which the mean effect was predicted to be zero more measures where some measures may have identical without controlling for other relevant moderators or media- moderator values (e.g., year of publication, sample) or dif- Downloaded from https://academic.oup.com/jcr/article/47/6/855/5906525 by guest on 23 April 2021 tors (Moore 2014; Shim and White 2014). For example, ferent moderator values (e.g., type of measure). Nicolao et al. (2009) predicted and showed an attenuated Specifically, we employ a three-level model1 as recom- experiential advantage for negative recall, so it is excluded. mended by other research (Van den Noortgate et al. 2013, However, this is different than a failed replication that was 2015), in which in the null model, the overall effect size intended to conceptually replicate the experiential advan- (djk) based on effect sizes j (j ¼ 1, . . ., J) from study k tage (Park and Sela 2016; Sisso 2013), which were always (k ¼ 1, . . ., K) is equal to an overall mean (c00) plus sam- included. We include measures that serve as alternative pling variation (rjk N(0, r2rjk)) plus variation between explanations in which the authors propose that it is possible outcomes within a study (vjk N(0, r2v)) plus between- experiential versus material may matter (e.g., liking and study variance (u0k N(0, r2u)). Or, alternatively, thoughtfulness from Chan and Mogilner 2017). djk ¼ c00 þ u0k þ vjk þ rjk . In the Full dataset, we include all effect sizes indepen- We run moderators in this model both by themselves (bi- dent of whether they originate from conditions or measures variate regressions) and simultaneously (multivariate designed to attenuate or reverse the effect. This dataset regressions) to control for the simultaneous impact of re- enables a test of theoretically relevant moderators designed lated moderators. to test boundary conditions of the experiential advantage (e.g., negative valence, Nicolao et al. 2009; solitary experi- Publication Bias ences, Caprariello and Reis 2013). We assessed publication bias using three common meth- Finally, we excluded all dependent measures that were ods in the meta-analytic literature: trim-and-fill, PET- not related to happiness/subjective well-being, purchase PEESE, and p-curve (also used to detect p-hacking). We intentions, or the candidate psychological needs. Few do not use a filedrawer failsafe number, which estimates measures fell into this category; examples include purchase the number of null-result studies necessary to reduce the timing importance (Tully and Sharma 2018) or how many effect size to zero (Rosenberg 2005; Rosenthal and options considered (Carter 2009, Study 4B). The codings Rosnow 2008), due to multiple criticisms such as lacking for the final group of dependent measures can be found in confidence intervals (Becker 2005). web appendix B, with analysis code in web appendix C. First, we employed trim-and-fill on funnel plots with contours as one method to verify the extent to which the ef- Meta-Analytic Methodology fect size would change once accounting for unpublished We computed effect sizes for all dependent measures in results (Duval and Tweedie 2000a, 2000b; Palmer et al. terms of standardized mean differences (Hedges d) using 2009; Peters et al. 2008). Funnel plots depict effect size means and standard deviations, t-tests, F ratios, and log- against the standard error for a study; larger studies have odds ratios using standard formulas (Borenstein et al. smaller standard errors (Egger et al. 1997; Light and 2009; Johnson and Eagly 2014; Lipsey and Wilson 2001). Pillemar 1984). Trim-and-fill examines the shape of the We adjusted the value by a sample size correction factor as coordinates on the funnel plot and, based on the mean done in other meta-analyses (Borenstein et al. 2009; weighted effect size, fills in the funnel in spaces where Hedges and Olkin 1985; Lipsey and Wilson 2001). We studies are potentially missing (Duval and Tweedie 2000a, used raw, unadjusted means for these calculations without 2000b). These imputed potentially missing studies are then other covariates. incorporated into effect size calculations. However, trim- We computed I2 values to assess heterogeneity and-fill is sometimes sensitive to heterogeneity in effect (Borenstein et al. 2009; Higgins and Thompson 2002; Huedo-Medina et al. 2006). I2 values reflect the heteroge- 1 This includes “sampling variation for each effect size (level one), variation over outcomes within a study (level two), and variation over neity present in a sample as a percentage of total variation studies (level three)” (Van den Noortgate et al. 2015); for more discus- that is not sampling variation. That is, they are relative, not sion, see Scammacca, Roberts, and Stuebing (2014).
862 JOURNAL OF CONSUMER RESEARCH sizes (Terrin et al. 2003), so we also test trim-and-fill on mean zero and standard deviation one) for the multiple the dataset split into sub-divisions. Further, we adopt a regression. modern method of dividing the funnel plot: contours. Manipulation Moderators. These moderators represent Funnel plot contours split pieces of the funnel plot into different manipulations of experiential versus material pur- those in which the effect size is significant or not. Contours chases. We considered four specific manipulations from on funnel plots enable a test of two sources of funnel asym- the literature: recall, two separate purchases, same pur- metries: small-study biases and filedrawer effects (Palmer chase different frame, and real purchases. The first manip- et al. 2009; Peters et al. 2008). If the missing studies are ulation we label recall, and it consists of participants mostly nonsignificant, then the asymmetry might be due to recalling an experiential and/or material purchase from filedrawer effects: studies that had nonsignificant results their past (and provided the standard definition of material/ were less likely to be published. On the other hand, if the experiential, Van Boven and Gilovich 2003, Study 1). This missing studies are from regions of significance, then the standard recall manipulation appears frequently in the liter- Downloaded from https://academic.oup.com/jcr/article/47/6/855/5906525 by guest on 23 April 2021 asymmetry may be due to variation in small-sample studies ature, and variations on it also occur occasionally (e.g., that had huge effect sizes paired with small samples to cre- positive or negative recall; Nicolao et al. 2009). The sec- ate the funnel asymmetry. To conduct this analysis, we ond manipulation we label two separate purchases, and it combined effect sizes to the study level (Bediou et al. consists of presenting participants with two separate pur- 2018). chases (e.g., a ski weekend vs. a watch; Van Boven et al. Second, we ran PET-PEESE as a different method to ex- 2010). The third manipulation we label same purchase dif- amine what the effect size would be once controlling for ferent frame, and it consists of presenting participants with publication bias (Stanley 2008; Stanley and Doucouliagos descriptions of the same purchase (e.g., a grill, a 3D televi- 2014; see also Gervais 2015). PET-PEESE addresses publi- sion) that are either framed in terms of its experiential cation bias through a weighted regression of effect size qualities or its material qualities by having participants onto either standard error (PET; Precision Effect Test) or write about those qualities (Bastos and Brucks 2017, Study variance (standard error squared; PEESE; Precision Effect 1) or consider the experience of enjoying it with friends Estimate with Standard Errors). If the PET estimate is sig- versus its material position in their home (Mann and nificant, then it is recommended to use PEESE as an esti- Gilovich 2016, Study 4). The last manipulation we label mate of effect size adjusting for publication bias. real purchases, and it involves actual purchases with a Third, we created a p-curve from all published studies given budget (Weidman and Dunn 2016, Study 1). included in our final dataset to test whether the underlying studies had evidential value (Simonsohn et al. 2014a, b). Dependent Variable Moderators. Based on our theoret- Evidential value conveys that selective reporting cannot ical development, we coded each dependent measure in the entirely explain the results (Simonsohn et al. 2014a), which literature (i.e., not the sum or combination of multi-item would occur for right-skewed p-curves. On the other hand, measures, but each item within the multi-item measure) it is also possible that published studies are relatively un- into six possible dependent measures (þ1 if yes, 0 if no): derpowered to detect the effect at hand, in which case there autonomy, relatedness, self-esteem, meaningfulness, happi- would not be evidential value. It is also possible that the ness, and purchase likelihood. Several measures are argu- distribution of p-values is flat, which would suggest there ably representative of multiple categories (e.g., envy has is no real effect because a real effect would have more p- both happiness and relatedness components); thus, we values less than .01 (Simonsohn et al. 2014a). Or, it is pos- allowed measures to belong to multiple categories to avoid “best guess” types of heuristics forcing measures to belong sible that most p-values are close to p ¼ .05 (left skew) and to one category. that there is a high likelihood of p-hacking in the literature We conceptualize happiness in terms of subjective well- (Simmons, Nelson, and Simonsohn 2011). The studies in- being, which has both an affective (positive affect minus cluded in the p-curve can be found in web appendix D. negative affect) and cognitive component (Diener and Critically, we only include published studies in the p-curve Lucas 1999), with a focus on the present and distinct from because those are studies for which there is a fixed author meaningfulness (which is focused on more long-term declaration of the predictions for each study that is used to determine what inferential test statistic to include in the p- 2 We additionally attempted to code the sample gender composition, curve. the monetary value of the purchases, and whether the measure was about the decision-making process. These were unsuccessful due to in- sufficient information and infrequent occurrence. We also initially Moderator Coding coded whether the dependent measures were related to social connec- Moderators were coded for all studies and there were no tion or impressions (social) or identity-related measures (identity) more broadly, but we exclude these from the analysis due to being ob- missing values.2 We separate these moderators into a few viated by new codings for relatedness, self-esteem, meaningfulness, categories below. We also standardize moderators (with and autonomy.
WEINGARTEN AND GOODMAN 863 evaluations of one’s life, Baumeister et al. Baumeister Meaningfulness measures are those that tap into how et al. 2013). Thus, happiness measures could tap into either individuals feel they are meeting long-term goals, achiev- the affective or cognitive components of well-being. ing growth, or reaching a sense of deeper purpose in life or Representative measures include satisfaction (Carter and the universe. Representative measures include satisfaction Gilovich 2010), envy (Lin et al. 2017b), regret (Kim et al. with life (S€a€aksj€arvi, Hellen, and Desmet 2016), a pur- 2016), jealousy (Carter and Gilovich 2010), excitement chase’s contribution to happiness in life (Walker et al. (Kumar, Killingsworth, and Gilovich 2014), gratitude 2016), or whether the purchase contributed to personal de- (Walker et al. 2016), happiness (Bastos and Brucks 2017), velopment (Sisso 2013). These also include memory type decision difficulty (Carter and Gilovich 2010), liking and measures, such as Goodman, Malkoc, and Stephenson’s thoughtfulness (Chan and Mogilner 2017), and mental im- (2016) measures of memory, and Carter and Gilovich’s agery (Jiang and Sood 2016). (2012) memory exchange measures. Purchase intentions measures include those that reflected Exploratory Moderators. We code several other factors Downloaded from https://academic.oup.com/jcr/article/47/6/855/5906525 by guest on 23 April 2021 an aspect of a decision to purchase. These included ques- that are less tied to the theoretical moderators. We code tions measuring purchase intentions directly (Lin 2017a; year of study publication, whether a study was published Mogilner and Aaker 2009), as well as willingness to bor- (þ1) or not (0) as of the time we conducted our search, row (Tully and Sharma 2018), relevance for purchase (Lin whether studies are conducted on Amazon Mechanical 2016), and willingness to pay (Jiang and Sood 2016). Turk (þ1) or not (0), whether the dependent measure Relatedness measures include those that tap into per- involves a Likert-scale type question (þ1) or not (0), ceived or actual connection or discussion with others whether the dependent measure is retrospective (þ1) or not (through conversation, activities, or otherwise). (0), the number of items on the dependent measure, and Representative measures include conversational value whether the study was between-subjects (þ1) or within- (Bastos and Brucks 2017), whether discussion of the pur- subjects (0). chase was beneficial (Kumar and Gilovich 2015), being Coding. In an initial phase, one author coded the stud- bothered by not being able to discuss something (Kumar ies, which had their characteristics presented to authors of and Gilovich 2015), perceived similarity or kinship studies via e-mail during the literature search. An indepen- (Kumar, Mann, and Gilovich 2017), relationship strength dent set of two research assistants who were blinded to the (Chan and Mogilner 2017), dictator task allocations goals of the research were given the moderators definitions (Walker et al. 2016), associations of the purchase with in- from table 1 and also coded the studies following establish- terpersonal relationships (Thomas and Millar 2013), or un- ing reliability. The first author then coded relatedness, au- derstanding of others (Carter and Gilovich 2012). tonomy, self-esteem, and meaningfulness and established Self-esteem measures are those that measure whether reliability independently with one of these coders. The first individuals have a more positive evaluation or impression author then also coded whether studies manipulated va- of others (for positive or negative qualities) for experiences lence (positive or negative), solitary (yes or no), and relative to material possessions. Representative measures whether study samples were private universities or public include envy (Hellen and Saaksjarvi 2017), impressions of universities (for university samples). others (Valsesia and Diehl 2017; Van Boven et al. 2010) To code hedonic, utilitarian, and memory likelihood/fre- and social approval (Bastos and Brucks 2017), jealousy quency, 226 undergraduates (average age ¼ 20.39, 51.8% (Carter and Gilovich 2010), and the social state self-esteem female) from a public midwestern university rated 64 items scale (Moore 2014). in the literature on four dimensions in a random order; 27 Autonomy measures are those that measure whether participants were removed for not completing all ratings: individuals have improved sense of self, reflection of their true interests or values, and who they are or what they are a. (Utilitarian) “When thinking about each of the pur- like at that moment based on the experience compared to chases below, to what extent do you believe it is the material possession. Representative measures include utilitarian? That is, to what extent do you think it the personal connection index (Mogilner and Aaker 2009), is practical, functional, useful, and/or something that helps you solve a problem?” relevance of the purchase to self-knowledge (Kim et al. b. (Hedonic) When thinking about each of the below, 2016), or expressed the true self (Guevarra and Howell to what extent do you believe it is hedonic? That 2015), whether the purchase reflects on the sense of self is, to what extent do you think it is pleasant and (Kumar et al. 2017; Rosenzweig 2014), how close the item fun, enjoyable, and/or something that appeals to is to their self (Bastos and Brucks 2017; Gallo, Townsend, the senses? and Alegre 2017; Jiang and Sood 2016), the distance of c. (Likely) Some purchases we remember after a few their purchases from a diagram of their self (Carter and months, and others we tend to forget to think Gilovich 2012), and inclusion of the purchases in their life about. For each purchase below, please think about story (Carter and Gilovich 2012). how likely you would be to think about that
864 JOURNAL OF CONSUMER RESEARCH TABLE 1 MODERATORS ID Description Authors Names of authors on paper. Paper Title Title of paper Journal Name of journal in which study was published, or dissertation, or working paper/unpublished. Year Year of publication. Published Whether study is published in a paper in a journal (1 ¼ Yes, 0 ¼ unpublished data, working paper, disserta- tion, or conference proceedings) Study Study number in paper. mTurk Whether study was run on Amazon Mechanical Turk (mTurk) or not (1 ¼ Yes, 0 ¼ No) % female Percentage of participants who were female. Method of Induction Description of manipulation used in paper for experiential versus material. Downloaded from https://academic.oup.com/jcr/article/47/6/855/5906525 by guest on 23 April 2021 Real_Purchase Study involved either participants recalling their own goods or dealing with a real good to purchase (1 ¼ Real, 0 ¼ Otherwise) Recall_Purchase Study involved the participant recalling their own example of a material and/or experiential good (1 ¼ Yes, 0 ¼ No) PriceRange For recalled goods, the amount of money set as the floor for the expenditure. SamePurchaseDifferentFrame If the good in question is the same in the experiential and the material condition, but it’s framed as one or the other depending on condition (1 ¼ Yes, 0 ¼ No) TwoSeparatePurchases Does the study present different goods for experiential and material that are not generated by participants (1 ¼ Yes, 0 ¼ No) Subjective Well-being and Does the DV measure happiness, positive or negative emotions/feelings, regret, whether the money was Happiness well spent, and other attitudes about the purchase (1 ¼ Yes, 0 ¼ No)? Note: This does NOT include measures about intentions to buy/purchase or willingness to pay. PreferenceWTPIntentions Does the DV measure purchase intentions, strength of preference, or willingness to pay/borrow (1 ¼ Yes, 0 ¼ No)? Social Does the DV measure judgments about social behaviors (1 ¼ Yes, 0 ¼ No)? For instance, this includes questions about talking, word of mouth, likelihood of sharing, likelihood of donating to a cause, willing- ness to engage in social activities, whether the good helped forge friendships, impressions of others. Identity Does the DV measure judgments about the person’s identity or the self (1 ¼ Yes, 0 ¼ No). For instance, this includes questions about insight into the true self, is a part of who they are, allowed them to use their talents Memory Does the DV measure how memorable something is, how frequently people remember things, whether it’s easy to remember, and related (1 ¼ Yes, 0 ¼ No)? Retrospective Does the DV deal with one of the following: what the participant feels right now, forecasting or guessing something that will happen or would happen in the future, or deals with how they felt in the past? (1 ¼ Retrospective, 0 ¼ No) Other Does the dependent measure(s) not fit into the other categories (1 ¼ Yes, 0 ¼ No)? NumberOfItems Number of items/questions composing a scale for a dependent measure. Scale Item involves responding on a given set of scales versus not, an example of the latter being making a choice (1 ¼ Scale, 0 ¼ Otherwise) Relatedness Does the dependent measure involve people rating their perceived or actual connectedness to others or something about engaging with others through conversation, activities, or otherwise? This measure does not include evaluations of others that are not about their relationship. Autonomy Does the dependent measure involve people rating how something reflects their true interests and values, or indicates who they are (or someone else is) as a person, or what they like (at that particular moment)? Meaningfulness Does the dependent measure involve whether people are (or feel they are) meeting long-term goals, achieving growth, or reaching a sense of deeper purpose in life or their place in the universe? Self-Esteem Does the dependent measure involve identification or evaluation of positive (or negative) qualities in them- selves, evaluations of the self or impressions of (or feelings about) others? Valence Was task about positive or negative purchase. Solitary Was experience intended to be consumed by oneself (solitary) or with others (social). University Was sample from public or private university. purchase a few months from now if you purchased each purchase below, please think about how often it today. you would think about that purchase over the next That is, suppose you purchased it today, and a few months few months from now if you purchased it today. pass. How likely would you be to think about the purchase That is, suppose you purchased it today, and a few in a few months? months pass. How often would you think about the d. (Often) Some purchases we think about a lot, and purchase over the next few months? other purchases we don’t think about very often. For
WEINGARTEN AND GOODMAN 865 The complete results from this survey can be seen in Conceptual Replication dataset, 85.28% are positive, web appendix E. We captured ratings from manipulations 0.56% are exactly 0, and 14.17% are negative. In the Full of two separate purchases in which we could have compar- dataset, 77.16% are positive, 0.70% are exactly 0, and isons between the material and experiential good (i.e., we 22.14% are negative. calculated the difference in the ratings, as labeled in ta- ble 2); we did not analyze rows using the same purchase Publication Bias framed in one of two ways because such a comparison We pursued three methods to address publication bias would have yielded a zero. We could not obtain ratings for beyond merely incorporating unpublished data in our anal- the recall manipulations because there were no specified yses: trim-and-fill, PET-PEESE, and a p-curve of the pub- purchases for such manipulations. These ratings yielded 94 lished literature (Simonsohn et al. 2014b). observations in the conceptual replication dataset and 107 First, we ran a random-effects trim-and-fill analysis us- in the full dataset. ing metaphor (Viechtbauer 2010) to assess the impact of Downloaded from https://academic.oup.com/jcr/article/47/6/855/5906525 by guest on 23 April 2021 controlling for publication bias on the overall effect size. RESULTS We first aggregated the effect sizes into one per study, which yielded a similar random-effects effect size of Literature Search d ¼ 0.383 (95% CI [0.339, 0.427], z ¼ 16.98, p < .001) in Our search found 360 effect sizes from 141 studies in the Conceptual Replication dataset. The results of the trim- the Conceptual Replication dataset, and 429 effect sizes and-fill analysis are depicted in figure 3A–C. Figure 3A from 144 studies in the Full dataset. Table 2 shows a de- depicts the initial funnel plot of effect sizes plotted against scriptive set of statistics from coded variables for the effect precision (standard error), with a vertical line to mark the sizes (k). Notably, we received unpublished studies (either aggregate effect size. As discussed earlier, the funnel chart under review or otherwise) not otherwise available from may have a relatively empty bottom left-hand corner due conferences, dissertations, or papers from 11 sets of to weaker, smaller studies being less likely to be signifi- authors.3 cant, which would hurt their chances of being published. An inverse-variance weighted regression of effect size onto Overall Effect Size standard error suggests that there may be an asymmetry in figure 3A. Figure 3B illustrates the impact of filling in the In the Conceptual Replication dataset, the multilevel potentially missing studies (shown with white dots) to ad- model yielded an aggregate effect size of d ¼ 0.383 (95% dress the asymmetry in the funnel chart. The adjusted ef- CI [0.336, 0.430], t ¼ 15.99, p < .001).4 The I2 value is fect size, which inserts 39 studies to rectify the asymmetry 80.67%, which suggests a higher proportion of true hetero- in the funnel plot, is d ¼ 0.271 (95% CI [0.220, 0.322], geneity rather than sampling variation behind the effect z ¼ 10.48, p < .001). This adjusted effect size is only about sizes (Huedo-Medina et al. 2006), noting that the s2 value a third lower than the original effect size, estimating that (.077) represents the actual amount of heterogeneity. On less than half of the effect can be attributed to publication the other hand, in the Full dataset, the aggregate effect size bias. In figure 3B, the vertical line has moved to the left, was d ¼ 0.315 (95% CI [0.265, 0.365], t ¼ 12.48, p < .001; consistent with a smaller effect size once publication bias I2 ¼ 86.16%, s2 ¼ .11). Histograms of effect sizes from the is addressed. In figure 3C, we center the vertical line Conceptual Replication and Full datasets are shown in fig- around zero and create a contour-enhanced funnel plot ure 2: there is noticeable variation in the effect sizes sam- (Palmer et al. 2009; Peters et al. 2008). Effect sizes plotted pled in this meta-analysis. Of the effect sizes, in the in the middle of the chart are nonsignificant and may other- wise not have escaped the metaphorical filedrawer. Effect 3 A known issue in meta-analysis is publication bias; however, efforts to combat publication bias may be subject to concern (Rothstein and sizes outside of the center are significant. That more im- Bushman 2012). One such concern is that the authors who reach out puted studies cluster in the nonsignificant part of the funnel for data may either bias who responds or that the authors dispropor- plot in figure 3C is consistent with the publication bias no- tionately include their own studies. We address these concerns by avoiding inclusion of the author’s filedrawer beyond published data to tion that nonsignificant studies may not be accounted for. prevent skewing the meta-analysis to be a summary of our work. This An alternative theory, in which the asymmetry in the fun- decision prevents the authors from reaching a predetermined conclu- nel plot is due to the presence of small studies with strong, sion given their own work. positive effect sizes, is not supported. That is, fewer im- 4 We removed six outliers (five positive, one negative) from the Conceptual Replication dataset found using a Grubbs test (see puted effect sizes are on the very left, negative portion of Zelinsky and Shadish 2018). Excluding these meant the minimum ef- the chart in regions of significance. Similar results can be fect size was d ¼ -0.88, and the maximum effect size was d ¼ 1.59. seen for the Full dataset in figure 3D–F. We ran robustness We similarly removed seven outliers (five positive, two negative) from the Full dataset, leaving a minimum effect size of d ¼ -1.23 and tests on these trim-and-fill analyses in web appendix F that a maximum effect size of d ¼ 1.59. rule out heterogeneity concerns.
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