Scarcity theory – The daily blog of behavioral and cognitive economics

Under Pressure: How Scarcity Shapes Student Behavior

We have all felt the shift in campus atmosphere as exam sessions approach. As libraries grow fuller, and available study seats become limited, an unspoken sense of urgency floods the halls. Conversations across the study rooms are narrowed to deadlines, sleep is neglected, and even physical activity is set aside to avoid “wasting” productive hours. Despite our different approaches, students fall into the same patterns and begin to resemble one another, driven by the same unseen force. ….[READ]