Scarcity

Sendhil Mullainathan, a Harvard University professor of economics, is a MacArthur Foundation genius award recipient who studies development economics, behavioral economics, and corporate finance.

Princeton University's Eldar Shafir is the William Stewart Tod Professor of Psychology and Public Affairs. He does cognitive science, judgment and decision-making, and behavioral economics research.

Sendhil Mullainathan and Eldar Shafir illustrate in this intriguing book based on cutting-edge research that scarcity creates a distinct psychology for everyone attempting to survive with less than they need.

Busy people struggle to manage their time for the same reasons that the destitute and those with maxed-out credit cards struggle to manage their money. Scarcity dynamics explain why dieters struggle to resist temptation, why students and busy executives waste time, and why the same sugarcane farmers are sharper after harvest than before.

Scarcity brings modern life's difficulties into sharper perspective, and Scarcity illustrates not only how it leads us astray, but also how individuals and organizations can better manage scarcity for greater joy and success.

Author: Sendhil Mullainathan and Eldar Shafir

Link to buy: https://www.amazon.com/Scarcity-Having-Little-Means-Much-ebook/dp/B00BMKOO6S/

Ratings: 4.5 out of 5 stars (from 695 reviews)

Best Sellers Rank: #180,975 in Kindle Store

#16 in Microeconomics (Kindle Store)

#83 in Microeconomics (Books)

#162 in Applied Psychology