The scarcity trap captures this notion we see again and again in many domains. When people have very little, they undertake behaviors that maintain or reinforce their future disadvantage. If you have very little, you often behave in such a way so that you’ll have little in the future. — Sendhil Mullainathan

Tags: Again, Maintain, Trap, Sendhil Mullainathan, American, Economist

Mini who’s who:

Sendhil Mullainathan : American Economist
Born: 1972

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