The Scarcity Effect
Unable to add items
Add to basket failed.
Add to wishlist failed.
Failed to remove from Wish List.
Adding to library failed
Unable to follow podcast
Unable to unfollow podcast
The Scarcity Effect
-
Narrated by:
-
By:
Why do we want something more simply because it's harder to get? In this episode of Circuit Breaker: Rewiring Your Decisions, we explore the Scarcity Effect - the psychological tendency to place greater value on things that seem rare, limited, or about to disappear.
Discover how scarcity shapes our decisions, why "limited-time offers" and exclusive opportunities feel so irresistible, and how to recognise when urgency is driving your choices more than genuine value.
Studies and links:
How to Boost Desire Using the Psychology of Scarcity | Psychology Today https://www.psychologytoday.com/gb/blog/automatic-you/201307/how-boost-desire-using-the-psychology-scarcity
Scarcity | The Decision Lab https://thedecisionlab.com/reference-guide/anthropology/scarcity
