Sendhil Mullainathan, Eldar Shafir
What’s inside
‘Scarcity Brain’ is a comprehensive exploration of how scarcity – the lack of something we need – affects our actions and thinking. The authors, Sendhil Mullainathan and Eldar Shafir, investigate the psychological and practical implications of scarcity, demonstrating the impact it has on our ability to focus, make decisions, and manage our lives. They provide insightful analysis and innovative solutions for escaping scarcity’s trap.
You’ll Learn
- Understanding the psychological effects of scarcity
- Insights on decision-making under scarcity
- Exploring societal effects of scarcity
- Learning strategies to deal with scarcity
Key Points
- Scarcity of resources leads to a scarcity mindset
- ‘Tunnel vision’ caused by scarcity
- Effects of scarcity on decision-making
- The scarcity trap and its societal implications
- Cognitive capacity under scarcity
- Psychological impact of scarcity
- Possible solutions for overcoming scarcity
Who’s it For
- Psychologists
- Economists
- Social Scientists
- Entrepreneurs
- Thought Leaders
About the author
Sendhil Mullainathan is a Professor of Computation and Behavioral Science at the University of Chicago, and Eldar Shafir is a Professor of Psychology and Public Affairs at Princeton University. Both are renowned for their work in behavioral economics and psychology.