Title: 9 Things to Know About the Effects of Scarcity | Psychology Today
Headings: 9 Things to Know About the Effects of Scarcity
Shahram Heshmat Ph.D.
9 Things to Know About the Effects of Scarcity
How scarcity can change the way you feel and act.

Content: For example, the time pressure of a deadline focuses our attention on using what we have most effectively. Distractions are less tempting. When we have little time left, we try to get more out of every moment. 2. Trade-off thinking. Scarcity forces trade-off thinking. We recognize that having one thing means not having something else. Doing one thing means neglecting other things. This explains why we overvalue free stuff (e. g ., free pencils, key chains, and FREE shipping).