The Psychology of Scarcity & Abundance

Key Insights

Scarcity creates powerful focus but dangerous tunnel vision
Resource constraints tax cognitive bandwidth, reducing IQ-equivalent performance
Scarcity traps perpetuate cycles of debt and poor decisions
Abundance provides “slack” that enables better choices
Modern digital abundance creates new forms of scarcity

References

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The Psychology of Scarcity & Abundance - Part 5: The Attention Famine in the Content Feast

The Psychology of Scarcity & Abundance 1 The Psychology of Scarcity & Abundance - Part 1: The Scarcity Mindset's Paradoxical Power 2 The Psychology of Scarcity & Abundance - Part 2: The Bandwidth Tax: Scarcity Makes You 'Dumber' 3 The Psychology of Scarcity & Abundance - Part 3: The Scarcity Trap: Borrowing from Tomorrow 4 The Psychology of Scarcity & Abundance - Part 4: The Necessity of Waste: Why Slack Saves You 5 The Psychology of Scarcity & Abundance - Part 5: The Attention Famine in the Content Feast ← Series Home 29% More Likely Low-income students enroll in college when helped with complex aid forms—removing cognitive snags ...

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The Psychology of Scarcity & Abundance - Part 2: The Bandwidth Tax: Scarcity Makes You 'Dumber'

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References Anderson, C. (2009). Free: The future of a radical price. Bregman, R. (2017). Utopia for realists. Caballero-Anthony, M., Cook, A., & Chen, C. (2021). Knowledge management and humanitarian organisations in the Asia-Pacific: Practices, challenges, and future pathways. International Journal of Disaster Risk Reduction, 53. https://doi.org/10.1016/j.ijdrr.2020.102007. Chisengantambu-Winters, C., Robinson, G., & Evans, N. (2020). Developing a decision-making dependency (DMD) model for nurse managers. Heliyon, 6. https://doi.org/10.1016/j.heliyon.2019.e03128. Church, P., Cavanagh, A., Lee, S., & Shah, V. (2019). Academic challenges for the preterm infant: Parent and educators’ perspectives. Early Human Development, 128. https://doi.org/10.1016/j.earlhumdev.2018.09.016. ...

Key Insights#

References#

Key Insights

References