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

Advertisements

About allodoxaphobic

About me? What exactly do you want to know?
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s