Scarcity Mindset Study Reanalyzed: Game Rules, Not Tunnel Vision, Explained the Results
A new study reanalyzed a widely cited target-shooting experiment used to support the scarcity mindset theory. That theory says money shortages focus attention on immediate needs and make future costs easier to overlook.1 Giving players fewer or more shots changed their opportunities to score and borrow, explaining results previously attributed to narrowed attention. The findings …