Frontiers in Psychology | |
A Review of Consequences of Poverty on Economic Decision-Making: A Hypothesized Model of a Cognitive Mechanism | |
Matúš AdamkoviÄ1  | |
关键词: poverty; scarcity; poverty trap; cognitive load; executive functions; economic decision-making; time-discounting; risk preference; | |
DOI : 10.3389/fpsyg.2017.01784 | |
学科分类:心理学(综合) | |
来源: Frontiers | |
【 摘 要 】
This review focuses on the issue of poverty affecting economic decision-making. By critically evaluating existing studies, the authors propose a structural model detailing the cognitive mechanism involved in how poverty negatively impacts economic decision-making, and explores evidence supporting the basis for the formation of this model. The suggested mechanism consists of a relationship between poverty and four other factors: (1) cognitive load (e.g., experiencing negative affect and stress); (2) executive functions (e.g., attention, working memory, and self-control); (3) intuition/deliberation in decision-making; and (4) economic decision-making (e.g., time-discounting and risk preference), with a final addition of financial literacy as a covariate. This paper focuses on shortfalls in published research, and delves further into the proposed model.
【 授权许可】
CC BY
【 预 览 】
Files | Size | Format | View |
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RO201904021489244ZK.pdf | 795KB | download |