“…At an abstract level, our research contributes to the literature on the consequences of complex emotions (Kramer, Lau‐Gesk, & Chiu, 2009; Williams & Aaker, 2002). More specifically, it extends the emerging scholarship on some of the outcomes of consumer schadenfreude (Kramer et al, 2011; Loebnitz & Grunert, 2019; Yucel‐Aybat & Kramer, 2017). Informed by the feelings‐as‐information theory (Schwarz, 2012; Schwarz & Clore, 2007), the current work reveals a surprising finding across three empirical studies—that witnessing another's failed purchase can make consumers feel better about their own choice, even though another's failure should rationally not impact the evaluation of one's own choice.…”