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On the Psychology of Scarcity
by
ROUX, CAROLINE
, BONEZZI, ANDREA
, GOLDSMITH, KELLY
in
Behavioral decision theory
/ Consumer behavior
/ Information processing
/ Scarcity
/ Selfishness
/ Studies
2015
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Do you wish to request the book?
On the Psychology of Scarcity
by
ROUX, CAROLINE
, BONEZZI, ANDREA
, GOLDSMITH, KELLY
in
Behavioral decision theory
/ Consumer behavior
/ Information processing
/ Scarcity
/ Selfishness
/ Studies
2015
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Journal Article
On the Psychology of Scarcity
2015
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Overview
Consumers often encounter reminders of resource scarcity. However, relatively little is known about the psychological processes that such reminders instantiate. In this article, we posit that reminders of resource scarcity activate a competitive orientation, which guides consumers’ decision making towards advancing their own welfare. Further, we reveal that this tendency can manifest in behaviors that appear selfish, but also in behaviors that appear generous, in conditions where generosity allows for personal gains. The current research thus offers a more nuanced understanding of why resource scarcity may promote behaviors that appear either selfish or generous in different contexts, and provides one way to reconcile seemingly conflicting prior findings.
Publisher
Oxford University Press
Subject
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