Scarcity slows resource extraction, impacting decision-making in real-world scenarios.
The study looked at how scarcity of resources affects how quickly people decide to use them. They did an experiment with farmers in Namibia, where they played a game about turning a forest into farmland. They found that when resources were scarce, people took them more slowly. They also found that farmers who had experienced scarcity in real life made different decisions in the game.