A Common Model Is Essential for a Cumulative Science of Wisdom

Grossmann, Igor; Weststrate, Nic M.; Ferrari, Michel; Brienza, Justin Peter

doi:10.1080/1047840x.2020.1750920

Cited by 16 publications

(24 citation statements)

References 74 publications

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“…The first four facets-Intentionality, Contemplation, Emotional Mastery, and Openness-relate most directly but in varying degrees to the self-and, therefore, they guide consumption that enhances personal well-being. They also mirror the overlapping themes of metafunctionality and metacognition in Mick and Schwartz (2012) and Grossmann et al (2020). Intentionality arises from the continuing awareness of and responsibility for the systematic role that consumer behaviors play in creating, maintaining, and evolving a lifestyle.…”

Section: Consumer Wisdom Theorizing and Researchmentioning

confidence: 72%

“…Second, there is sizeable variation and disagreement about the most productive way to conceptualize wisdom (Grossmann, Westrate, Ferrari, & Brienza, 2020). These disparities should compel consumer researchers to develop their own models and conceptualizations of wisdom in consumer behavior.…”

Section: Defines Wisdom Asmentioning

confidence: 99%

“…In contemporary times, the psychologist Robert Sternberg (1998) has offered one of the more elaborated theories of wisdom, based on the balancing of multiple interests (e.g., personal, interpersonal, extrapersonal) across short-and long-term orientations to achieve mutual well-being. More recently, Grossmann et al (2020) have made steps toward a "common model of wisdom" based principally on the roles of metacognition and moral grounding. Overall, across both the social sciences and humanities, wisdom has been defined in many ways (Bangen et al, 2013;Birren & Svensson, 2005;Walsh, 2015).…”

Section: Social Sciences and Humanitiesmentioning

confidence: 99%

“…An early conceptual paper by Mick and Schwartz (2012) depicted consumer wisdom as a metafunctional and integrative process to promote well-being by balancing relevant factors and concerns in a flexible, perceptive, and situationsensitive manner. This view borrows the balance metaphor from Sternberg (1998), but predates Grossmann et al (2020) in its own emphasis on metacognition and moral grounding. Among specific consumption insights, Mick and Schwartz (2012) note that wiser consumers are not the same as "smart shoppers" whose identity has been exclusively tied to taking personal credit for cost-saving promotions (Schindler, 1998) or "maximizing buyers" who seek constantly and incautiously to optimize utility in their choices (Schwartz, 2015).…”

Section: Consumer Wisdom Theorizing and Researchmentioning

confidence: 99%

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Consumer Wisdom for Personal Well‐Being and the Greater Good: Scale Development and Validation

2021

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Historically, wisdom has been considered a leading character strength for guiding personal well-being and the greater good. It has also been routinely considered domain-specific. Hence, consumer researchers should not just borrow conceptualizations or measures of general wisdom from the social sciences or measures of specific wisdom from nonconsumption contexts. Drawing from recent exploratory research on consumer wisdom by Luchs and Mick (Journal of Consumer Psychology, 2018, 28(3), 365-392), we use survey data to test and refine their multidimensional framework as we develop a Consumer Wisdom Scale (CWS). Across five studies, we demonstrate the discriminant, nomological, predictive, and incremental validity of our CWS. We show that it explains unique variance across a variety of indicators of well-being (e.g., satisfaction with life) in comparison to other measures previously associated with well-being (e.g., relationship support). Further, we show that our CWS, versus a general wisdom measure, is more associated with select behaviors relevant to personal well-being and the greater good (e.g., exercise, healthy eating, and financial savings). Closing discussion summarizes our findings and limitations, and suggests future research.

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Section: Consumer Wisdom Theorizing and Researchmentioning

confidence: 72%

Section: Defines Wisdom Asmentioning

confidence: 99%

Section: Social Sciences and Humanitiesmentioning

confidence: 99%

Section: Consumer Wisdom Theorizing and Researchmentioning

confidence: 99%

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Consumer Wisdom for Personal Well‐Being and the Greater Good: Scale Development and Validation

2021

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“…Loneliness is more common among racial/ethnic minorities and immigrants (Louise C Hawkley et al, 2008). Grossmann, Weststrate, Ferrari, and Brienza (2020) examined cultural factors and related contexts that may impact wisdom, and found differences in both concepts of wisdom by culture and differences by group on performance in measures of wisdom. In contrast to loneliness, wisdom is reportedly associated with greater wellbeing, satisfaction with life, and overall better health, all indicators of successful aging (M. Ardelt, 1997;Dilip V. Jeste, Lee, Palmer, & Treichler, 2020).…”

Section: Introductionmentioning

confidence: 99%

Study of loneliness and wisdom in 482 middle-aged and oldest-old adults: a comparison between people in Cilento, Italy and San Diego, USA

Jeste

Somma

Lee

et al. 2020

Aging & Mental Health

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Objectives: There has been growing research interest in loneliness and wisdom in recent decades, but no cross-cultural comparisons of these constructs using standardized rating measures in older adults, especially the oldest-old. This was a cross-sectional study of loneliness and wisdom comparing middle-aged and oldest-old adults in Cilento, Italy and San Diego, United States. Method: We examined loneliness and wisdom, using the UCLA Loneliness Scale Version 3 (UCLA-3) and San Diego Wisdom Scale (SD-WISE), respectively, in four subject groups: adults aged 50-65 and those !90 years from Cilento, Italy (N ¼ 212 and 47, respectively) and San Diego, California, USA (N ¼ 138 and 85, respectively). Results: After controlling for education, there were no significant group differences in levels of loneliness, while on SD-WISE the Cilento !90 group had lower scores compared to the other three groups. There was a strong inverse correlation between loneliness and wisdom in each of the four subject groups. Loneliness was negatively associated while wisdom was positively associated with general health, sleep quality, and happiness in most groups, with varying levels of significance. Conclusion: These results largely support cross-cultural validity of the constructs of loneliness and wisdom, and extend previous findings of strong inverse correlations between these two entities. Loneliness has become a growing public health problem, and the results of our study suggest that wisdom could be a protective factor against loneliness, although alternative explanations are also possible. Research on interventions to reduce loneliness by enhancing wisdom in older adults is needed.

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Investigating practical wisdom in complex system management: What is it and how do we get more?

Hallo,

Nguyen,

Chileshe

2023

Syst Res Behav Sci

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Systems are now extremely complex with the continuous involvement of multiple stakeholders and rapidly advancing technology, and a new way of viewing high‐performance system management and decision‐making is needed. This paper considers the use of practical wisdom as a promising way of revitalising system management to improve the success rate in making critical decisions. Practical wisdom has been investigated as a useful approach in many fields, including philosophy, psychology, health, education and organisation studies: however, its application to system management is sparse. Questionnaires were sent to 124 manager participants to assess their view of the importance of various practical wisdom attributes as these relate to system management success. Applying the exploratory factor analysis technique emerged the following factors: (1) practical mindset; (2) stakeholder mindset; (3) moral mindset; (4) win‐win mindset; and (5) holistic thinking mindset. Two of these factors, stakeholder mindset and win‐win mindset, have not previously emerged in practical wisdom research. The factors extracted were validated via both technical techniques and considered commentary by senior leadership practitioners. The results of this study can assist managers to develop greater insight into optimal management of increasingly complex systems via consideration of these practical wisdom factors and the interplay between them.

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A Common Model Is Essential for a Cumulative Science of Wisdom

Cited by 16 publications

References 74 publications

Consumer Wisdom for Personal Well‐Being and the Greater Good: Scale Development and Validation

Consumer Wisdom for Personal Well‐Being and the Greater Good: Scale Development and Validation

Study of loneliness and wisdom in 482 middle-aged and oldest-old adults: a comparison between people in Cilento, Italy and San Diego, USA

Investigating practical wisdom in complex system management: What is it and how do we get more?

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