Scarcity: Why Having Too Little Means So Much

· Sold by Macmillan
15 reviews
31% price drop on Jul 29

About this ebook

In this provocative book based on cutting-edge research, Sendhil Mullainathan and Eldar Shafir show that scarcity creates a distinct psychology for everyone struggling to manage with less than they need.

Busy people fail to manage their time efficiently for the same reasons the poor and those maxed out on credit cards fail to manage their money. The dynamics of scarcity reveal why dieters find it hard to resist temptation, why students and busy executives mismanage their time, and why the same sugarcane farmers are smarter after harvest than before.

Once we start thinking in terms of scarcity, the problems of modern life come into sharper focus, and Scarcity reveals not only how it leads us astray but also how individuals and organizations can better manage scarcity for greater satisfaction and success.
15 reviews
Eric Taylor
November 25, 2015
This book gives common sense a scientific discussion & exploratory look about how it is to be without & how it affects everyone.
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Nya Bobien
August 28, 2014
I'm reading the book for college and would never read this book again- to dry and wordy for me
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A Google user
An intriguing discussion of poverty and scarcity that uses the tools of behavioral economics and offers some different approaches to mitigation.Mullainathan (Economics/Harvard Univ.; co-author: Policy ...

About the author

Sendhil Mullainathan, a professor of economics at Harvard University, is a recipient of a MacArthur Foundation "genius grant" and conducts research on development economics, behavioral economics, and corporate finance. He lives in Cambridge, Massachusetts.

Eldar Shafir is the William Stewart Tod Professor of Psychology and Public Affairs at Princeton University. He conducts research in cognitive science, judgment and decision-making, and behavioral economics. He lives in Princeton, New Jersey.

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