Please wait a minute...
Advances in Psychological Science    2014, Vol. 22 Issue (11) : 1823-1828     DOI: 10.3724/SP.J.1042.2014.01823
Regular Articles |
Why Poverty Impedes Decision Performance? Three Psychological Explanations
LV Xiaokang1; WANG Xinjian1; FU Xiaoting2
(1 Department of Social Psychology, Zhou Enlai School of Government, Nankai University, Tianjin 300071, China) (2 Research Institute of Economics and Management, Southwestern University of Finance and Economics, Chengdu, 611130, China)
Download: PDF(249 KB)  
Export: BibTeX | EndNote | Reference Manager | ProCite | RefWorks    
Abstract  

Studies on why poverty impedes decision performance consist of three psychological perspectives. Theory of attention proposes that scarcity directs one’s limited attention to the scarce resources and thus neglects other dimensions; theory of willpower argues the depletion of willpower during the process of resisting temptations from goods or entertainments leads to the failure of self-control; theory of cognitive control contends that poor people tends to make financial decisions with more difficulties and thus more resources are consumed than making other determinations. Depletion of these limited psychological resources impedes the poor’s cognitive performance and leads to irrational behaviors. Further researches should clarify the differences among the three models, explore if the consequences of poverty are reversible, and verify the existing results among different cultures.

Keywords poverty      scarcity      attention      willpower      cognitive control     
Corresponding Authors: FU Xiaoting, E-mail: fxt62180772@163.com   
Issue Date: 15 November 2014
Service
E-mail this article
E-mail Alert
RSS
Articles by authors
LV Xiaokang
WANG Xinjian
FU Xiaoting
Cite this article:   
LV Xiaokang,WANG Xinjian,FU Xiaoting. Why Poverty Impedes Decision Performance? Three Psychological Explanations[J]. Advances in Psychological Science, 2014, 22(11): 1823-1828.
URL:  
http://journal.psych.ac.cn/xlkxjz/EN/10.3724/SP.J.1042.2014.01823     OR     http://journal.psych.ac.cn/xlkxjz/EN/Y2014/V22/I11/1823
[1] XU Fu-ming, ZHANG Hui, MA Hong-yu, DENG Ying, Shi Yan-wei, LI Ou.  The poverty problem: Based on psychological perspective[J]. Advances in Psychological Science, 2017, 25(8): 1431-1440.
[2] CHEN Airui, TANG Xiaoyu, WANG Aijun, ZHANG Ming.  Experimental paradigms for discrete attention in visual domain[J]. Advances in Psychological Science, 2017, 25(6): 923-932.
[3] LUO Yu; GAO Peng; ZHAO Shouying; ZHANG Yu. How acute stress affects attentional engagement and attentional disengagement towards threat: A neural mechanism study[J]. Advances in Psychological Science, 2017, 25(3): 381-392.
[4] Jianrong Jia; Fang Fang; Huan Luo. Rhythmic sampling of visual objects mediated by inhibitory alpha activity[J]. Advances in Psychological Science, 2016, 24(Suppl.): 11-.
[5] Meirong Sun; Encong Wang; Ye Tao; Jing Huang; Chenguang Zhao; Jialang Guo; Yan Song. Distinct developmental patterns in Attentional Selection and Suppression[J]. Advances in Psychological Science, 2016, 24(Suppl.): 48-.
[6] Liu Zhou; Teng Leng Ooi; Zijiang J. He. An Ambient Attention for Visual Space Perception[J]. Advances in Psychological Science, 2016, 24(Suppl.): 49-.
[7] Cheng Chen; Kaibin Jin; Hongmei Yan. Emotion Cognition Requires Very Little Attention and Varies with the Competing Task[J]. Advances in Psychological Science, 2016, 24(Suppl.): 56-.
[8] Nihong Chen; Bosco S. Tjan. Attention alters the orientation tuning for multiple-stimulus displays in human visual areas[J]. Advances in Psychological Science, 2016, 24(Suppl.): 73-.
[9] Hao Wang; Sheila Crewther; Minglong Liang; Robin Laycock; Tao Yu; Bonnie Alexander; David Crewther; Jian Wang; Zhengqin Yin. Impaired motion salience and disconnection of ipsilateral FEF from the attention network in strabismic amblyopia[J]. Advances in Psychological Science, 2016, 24(Suppl.): 76-.
[10] Yanan Chen; Feng Du. Two visual working memory representations simultaneously and involuntarily control attention[J]. Advances in Psychological Science, 2016, 24(Suppl.): 80-.
[11] LIANG Tengfei; LIU Qiang; HU Zhonghua. Bilateral field advantage and its brain mechanism during visual processing[J]. Advances in Psychological Science, 2016, 24(7): 1032-1041.
[12] LI Aimei; SUN Hailong; Xiong Guanxing; WANG Xiaotian; LI Bin. The effect and cognitive mechanism of “time poverty” on intertemporal choice and proactive behavior[J]. Advances in Psychological Science, 2016, 24(6): 874-884.
[13] RAN Guang-Ming; CHEN Xu; ZHANG Xing; MA Yuan-Xiao. The neural mechanism for the superiority effect of social prediction[J]. Advances in Psychological Science, 2016, 24(5): 684-691.
[14] YANG Zhou; JACKSON Todd; CHEN Hong; HUANG Cheng-zhi; SU Lin; GAO Ting. The attention bias related to fear of pain and its modification[J]. Advances in Psychological Science, 2016, 24(4): 547-555.
[15] MA Yuanxiao; RAN Guangming; CHEN Xu. The feature and neural mechanism of attentional bias among individuals with insecure attachment[J]. Advances in Psychological Science, 2016, 24(3): 392-401.
Viewed
Full text


Abstract

Cited

  Shared   
  Discussed   
Copyright © Advances in Psychological Science
Support by Beijing Magtech