It has been found that envy is factors cause depression, yet researches exploring the mechanism is insufficient. The present study investigated (1) the mediation effect of regret in the relationship between envy and depression and (2) whether a degree of optimism moderates this relationship. Participants were University students and the data of envy, regret, depression, and optimism were obtained through self reports. The results of the statistical analysis were as follows: (1) the partial mediating effect of regret on the relationship between envy and depression was found significantly in whole participants, and (2) optimism moderated the relationship between regret and depression. These results suggest that envy affects depression by increasing regret and the effect occurs when the level of optimism is low. People who suffer from envy and regret can improve through optimism enhancement programs and strategies for dealing with regret experience. Implications and limitations of this study were discussed along with suggestions for future research.
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