Journal article
Scarcity and cognitive function around payday: A conceptual and empirical analysis
- Abstract:
- The ongoing demands around smoothing consumption with low and sporadic income flows in contexts of scarcity entail that minor changes in cash flows can have big psychological and behavioral effects. In this paper, we examine the behavioral and cognitive impact of routine periodic fluctuations in financial status of the poor around paydays. In particular, we draw a link between a range of documented behaviors and an increase in scarcity-induced cognitive load, closer to payday. Our results, along with those of others briefly reviewed, illustrate the outsized role in scarcity contexts of otherwise trivial changes in income flows and highlight the importance of carefully structured research designs in studying the myriad challenges in scarcity contexts.
- Publication status:
- Published
- Peer review status:
- Peer reviewed
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- Files:
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(Preview, Accepted manuscript, pdf, 548.1KB, Terms of use)
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- Publisher copy:
- 10.1086/709885
Authors
- Publisher:
- University of Chicago Press
- Journal:
- Journal of the Association for Consumer Research More from this journal
- Volume:
- 5
- Issue:
- 4
- Article number:
- 709885
- Publication date:
- 2020-07-07
- Acceptance date:
- 2020-01-31
- DOI:
- EISSN:
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2378-1823
- ISSN:
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2378-1815
- Language:
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English
- Keywords:
- Pubs id:
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1088065
- Local pid:
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pubs:1088065
- Deposit date:
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2020-02-18
- ARK identifier:
Terms of use
- Copyright holder:
- The Association for Consumer Research
- Copyright date:
- 2020
- Rights statement:
- Copyright © 2020 The Association for Consumer Research.
- Notes:
-
This is the accepted manuscript version of the article. The final version is available from University of Chicago Press at https://doi.org/10.1086/709885
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