Decision-making costs lead to the poor getting poorer and the rich getting richer
The most critical psychological and behavioral mechanisms
When funds are limited
The entire mental model and decision environment are distorted
Being forced into a
High-risk, high-cost, short-sighted survival mode
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Decision-making costs lead to the poor getting poorer and the rich getting richer
The most critical psychological and behavioral mechanisms
When funds are limited
The entire mental model and decision environment are distorted
Being forced into a
High-risk, high-cost, short-sighted survival mode