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Adapting to the Destitute Situations: Poverty Cues Lead to Short-Term Choice

Review of a paper by Liu, Feng, Suo, Lee, Li (2012) In previous posts (“Scarcity”, “Through the psychology of poverty”), we showed how scarcity affects the way people consider problems and take decisions. Although scarcity may concern many kinds of goods, including even available time, in this article we will consider only the lack of […]