Browsing by Author "Rivera, Daniela Helena"
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- The effect of financial scarcity and an individuals’ power on temporal discounting, cognition and exploitative behavior during the COVID-19 pandemicPublication . Rivera, Daniela Helena; Almeida, Ana Filipa Martinho deFinancial scarcity impacted many people’s lives during the pandemic. The uncertainty that the pandemic wrought manifested itself in different ways for individuals of varying power levels. One of the reasons why financial scarcity was so impactful was because nobody saw it coming. The pandemic saw a turnover of many jobs and a change in people’s futures. As a result, financial scarcity became rampant around the world, shaping individual mindset towards temporal discounting. This dissertation intends to study the financial effects of scarcity on cognition and behavior of people with varying levels of power. I propose that individuals with higher power experienced less financial scarcity as a result of high cognitive functions, which decreased the likelihood of temporal discounting in comparison to their individual counterparts with lower power. In order to test for this, I collected data, using an experiment. The results did not support the hypotheses. More research into this subject is needed before we can make an adequate conclusion.