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Does poverty make you behave differently? episode artwork

EPISODE · Sep 13, 2023 · 40 MIN

Does poverty make you behave differently?

from Chicago Booth Review Podcast

How does the experience of poverty shape decision-making? Research suggests that, rather than bad decisions leading to poverty, being poor can lead to some poorer decisions. At the same time, research also indicates that the stark financial choices faced by poor people can actually make them better at assessing the trade-offs involved in some decisions. 

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Does poverty make you behave differently?

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How long is this episode of Chicago Booth Review Podcast?

This episode is 40 minutes long.

When was this Chicago Booth Review Podcast episode published?

This episode was published on September 13, 2023.

What is this episode about?

How does the experience of poverty shape decision-making? Research suggests that, rather than bad decisions leading to poverty, being poor can lead to some poorer decisions. At the same time, research also indicates that the stark financial choices...

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