TY  - JOUR
PY  - 2023//
TI  - To take a risk or not? The effect of perceived scarcity on risky choices
JO  - Behavioral sciences (Basel, Switzerland)
A1  - Liang, Shujing
A1  - Fan, Ping
A1  - Yang, Guangyong
SP  - 
EP  - 
VL  - 13
IS  - 9
N2  - Studies suggest that resource scarcity leads to risky behaviors. From a cognitive perspective, a scarcity mindset affects the decision-making process. Does perceived scarcity therefore affect risk taking when making decisions? This study (N = 213) was conducted in western China to examine the effect of perceived scarcity on risky choices. Our results revealed that participants in the scarcity condition tended to be more risk averse than participants in the control condition when making a risky decision. Perceived scarcity increased the probability of choosing the safe option that offered a sure gain. The effect of psychological variables (emotion, risk attitude, personality, impulsivity, self-control and ego depletion) on risky choices was also tested. Risk attitude, urgency in impulsivity, and deliberate action in self-control also influence risky choices.<p />  <p>Language: en</p>
LA  - en
SN  - 2076-328X
UR  - http://dx.doi.org/10.3390/bs13090743
ID  - ref1
ER  -