Economics
Challenging the Scarcity Mindset: New Insights Into Attention During Poverty
Do people in poverty think about their scarce resources in a fundamentally different way than others? For over a decade, researchers believed scarcity causes people to focus intensely on immediate needs, at the cost of ignoring future opportunities. This concept, known as the ‘tunneling effect,’ has informed significant policy decisions. But recent findings suggest it’s […]
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