Economic decision-making in poverty depletes cognitive control

Abstract

The folk theory of the “undeserving poor” maintains that poverty is the result of bad behavior. Might poverty instead cause behavior that appears impatient or impulsive? This paper reports a randomized lab experiment and a partially randomized field experiment, both in India, and analysis of the American Time Use Survey. In all three studies, poverty is… (More)

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Cite this paper

@inproceedings{Spears2010EconomicDI, title={Economic decision-making in poverty depletes cognitive control}, author={Dean Spears}, year={2010} }