Poverty and economic decision making: a review of scarcity theory
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DOI: 10.1007/s11238-021-09802-7
Abstract: Poverty is associated with a wide range of counterproductive economic behaviors. Scarcity theory proposes that poverty itself induces a scarcity mindset, which subsequently forces the poor into suboptimal decisions and behaviors. The purpose of our… read more here.
Keywords: scarcity theory; theory; economic decision; scarcity ... See more keywords