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Scarcity is a captivating book penned by the renowned author, Sendhil Mullainathan. Published in 2014 by Penguin Books Ltd, this masterpiece delves into the intriguing concept of scarcity, exploring its implications and effects on human behavior and decision-making. Mullainathan, a distinguished scholar in the field of behavioral economics, uses his expertise to unravel the complexities of this subject in an engaging and accessible manner. The book falls under the genre of non-fiction, specifically in the realm of economics and psychology. It's a must-read for anyone interested in understanding the profound impact of scarcity on our lives and society. Be sure to grab your copy of this enlightening book from Penguin Books Ltd, and delve into the fascinating world of scarcity as seen through the eyes of Sendhil Mullainathan.
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.
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