Why scarcity leads to bad decisions

See on Scoop.itThe Global Village

Poor people are disproportionately likely to make bad decisions, such as taking out loans they cannot repay, eating unhealthfully and dropping out of class. It is sometimes said that such people are authors of their own misfortune.

Kevin Friery‘s insight:

Interesting take on scarcity and decision-making, with some intriguing research findings..

See on www.latimes.com

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