2024
DOI: 10.1007/s00426-024-02019-7
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Financial scarcity and financial avoidance: an eye-tracking and behavioral experiment

Leon P. Hilbert,
Marret K. Noordewier,
Lisa Seck
et al.

Abstract: When having less money than needed, people experience financial scarcity. Here, we conducted a laboratory experiment to investigate whether financial scarcity increases financial avoidance – the tendency to avoid dealing with ones finances. Participants completed an incentivized task where they managed the finances of a household by earning income and paying expenses across multiple rounds. We manipulated participants’ financial situation such that they either had sufficient (financial abundance) or insufficie… Show more

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