Printer Friendly
The Free Library
14,497,195 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Shop until you can't stop: compulsive buying affects both men and women.


Talk about buyer's remorse Definition
Buyer's remorse is an emotional condition whereby a person feels remorse or regret after a purchase. It is frequently associated with the purchase of higher value items such as property, cars, computers, jewelry, etc.
. A new national telephone survey indicates that nearly 6 percent of adults find themselves unable to resist frequent shopping binges that leave them saddled with debt, anxiety, and depression.

Buying gone bad, also known as compulsive buying, occurs almost as often in men as in women, says a team led by psychiatrist Lorrin M. Koran of the Stanford University School of Medicine Stanford University School of Medicine is affiliated with Stanford University and is located at Stanford University Medical Center in Stanford, California, adjacent to Palo Alto and Menlo Park. .

The new survey offers the best estimate to date for what some mental-health workers regard as an addiction to spending money. Earlier prevalence figures for compulsive buying, based on interviews with small groups of consumers, ranged from 2 percent to 16 percent. Because women seek psychiatric treatment for uncontrolled spending more often than men do, scientists previously pegged it as a predominantly female condition.

"The widespread opinion that most compulsive buyers are women may be wrong," Koran says.

He and his colleagues describe their findings in the October American Journal of Psychiatry The American Journal of Psychiatry (AJP) is the most widely read psychiatric journal in the world. It covers topics on biological psychiatry, treatment innovations, forensic, ethical, economic, and social issues. . Koran says that he would now like to see a larger survey that probes the emotional and social impact of uncontrolled purchases on people's lives.

In 2004, the team conducted roughly 11-minute interviews with 2,513 individuals, ages 18 and up, contacted randomly by phone. Interviewers asked about cardinal signs cardinal signs

the most important clinical signs—temperature, pulse rate, respiration rate.
 of compulsive buying, such as intrusive or senseless impulses to buy, frequent purchases of unneeded or unaffordable un·af·ford·a·ble  
adj.
Too expensive: medical care that has become unaffordable for many.



un
 items, and shopping for longer periods than intended. Questions also touched on financial problems and emotional letdowns after buying sprees.

Compulsive buying, as defined by a high score on a tally of the cardinal signs, occurred in 6 percent of women and 5.5 percent of men, regardless of racial or ethnic background, Koran's group says. Compulsive buyers averaged 40 years of age, compared with 49 years for the other participants. A majority of compulsive buyers reported annual incomes under $50,000, whereas only 39 percent of the others reported incomes in that category.

Compulsive buyers reported having the same number of credit cards as other participants did. However, compulsive buyers tended to stretch credit card limits thin, often to within $100 of the maximum. Compulsive buyers also preferred to make minimum payments on credit card balances, regardless of their annual incomes.

Prior evidence suggested that compulsive buyers often suffer from anxiety and depression. Koran has studied antidepressant drugs Antidepressant Drugs Definition

Antidepressant drugs are medicines that relieve symptoms of depressive disorders.
Purpose

Depressive disorders may either be unipolar (depression alone) or bipolar (depression alternating with periods of
 as treatments for this condition.

Although compulsive buying isn't currently accepted as a psychiatric disorder, it deserves consideration as a behavioral addiction in the next official manual of psychiatric diagnoses, slated to appear in 2011, remark psychiatrist Eric Hollander and psychologist Andrea Allen, both of the Mt. Sinai School of Medicine in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
, in a commentary published with the Koran group's survey.

Studies such as the new survey will be reviewed over the next few years to determine the diagnostic fate of compulsive buying, says psychiatrist Darrel A. Regier, director of research for the American Psychiatric Association The American Psychiatric Association (APA) is the main professional organization of psychiatrists and trainee psychiatrists in the United States, and the most influential world-wide. Its some 148,000 members are mainly American but some are international.  in Arlington, Va., which publishes the manual.

Although the Koran team's survey relies solely on self-reports, it improves on earlier prevalence estimates of compulsive buying, says anthropologist Shirley Lee of the University of Manitoba Location
The main Fort Garry campus is a complex on the Red River in south Winnipeg. It has an area of 2.74 square kilometres. More than 60 major buildings support the teaching and research programs of the university.
 in Winnipeg. Still, if this condition gets labeled as a mental disorder mental disorder

Any illness with a psychological origin, manifested either in symptoms of emotional distress or in abnormal behaviour. Most mental disorders can be broadly classified as either psychoses or neuroses (see neurosis; psychosis). Psychoses (e.g.
, researchers may unwisely ignore social contributions to compulsive buying, such as easy credit and pervasive advertising, Lee contends.

Uncontrolled buying can't be isolated from the depression and anxiety that people experience as a result of conflicting pressures to consume and to avoid debt, Lee adds.
COPYRIGHT 2006 Science Service, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Author:Bower, B.
Publication:Science News
Article Type:Survey
Geographic Code:1USA
Date:Oct 7, 2006
Words:574
Previous Article:Improving the view: treatment reverses macular degeneration.(ranibizumab)
Next Article:Jet set: astronomers identify the makeup of quasar streams.
Topics:



Related Articles
Survey: Internet Users Likely To Shop for Insurance Online.(Brief Article)
Online Travel Survey 2000.(done by Anite Travel Systems')(Industry Trend or Event)
NEWS LITE : WILL RAPPER CHANGE HIS TUNE ON POLICE?(News)
IT REALLY IS `AS GOOD AS IT GETS'.(L.A. LIFE)
STUDY FINDS MALE GROCERY SHOPPERS IN SHORT SUPPLY.(L.A. LIFE)(Statistical Data Included)
SHOP THE INSANITY! : FOR SOME, HOLIDAY SEASON IS ICING ON THE CAKE IN FRENZY OF IMPULSE BUYING.(L.A. LIFE)
PACK RAT PATROLMAN HAS WARM HEART.(News)
Addicted to dot-com sex: with sex options on the Net almost as plentiful as bauds per second, many gay men are finding that online life has had a...
ALL-CONSUMING PROBLEMS THE PATH AWAY FROM EXCESS LEADS TO A HEALTHY LIFE, EXPERTS SAY.(U)
`SHOPPING' IS JUST THE RIGHT SIZE FOR RETAIL AFICIONADOS.(U)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles