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Shafir and Mullainathan wrote a book called "Scarcity" that articulates an expanded version of this idea. Highly recommended.
by meanmrmustard92 9y ago
Shafir and Mullainathan wrote a book called "Scarcity" that articulates an expanded version of this idea. Highly recommended.
- didsomeonesay 9y agoI second the recommendation! They are looking into several forms of scarcity (e.g. time scarcity of busy academics) and how this similarly affects the behaviour, creating a "focus" on the immediate scarcity that distracts from everything else, and prevents seeing the "big picture". One interesting conclusion being that poverty is a "root" scarcity that begets other forms of scarcity. Interesting was also the observation that scarcity-behaviour can have desirable outcomes and can be put to use (e.g. using budgeting as a form of artificial scarcity in personal finance).