Arbeitspapier

Poverty and limited attention

In this article, we analyze whether the financial strain of poverty systematically alters the allocation of attention. We address two types of attention: attention to unexpectedly occurring events and attention to primary tasks that require focus. We show that the poor are significantly more likely than the rich to notice unexpected events. In addition, we find evidence that the poor notice unexpected events at the expense of attention to the primary task only if the task is sufficiently difficult.

ISBN
978-3-943153-80-4
Language
Englisch

Bibliographic citation
Series: BERG Working Paper Series ; No. 159

Classification
Wirtschaft
Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making‡
Measurement and Analysis of Poverty
Subject
inattentional blindness
limited attention
poverty

Event
Geistige Schöpfung
(who)
Schmitt, Stefanie Yvonne
Schlatterer, Markus G.
Event
Veröffentlichung
(who)
Bamberg University, Bamberg Economic Research Group (BERG)
(where)
Bamberg
(when)
2020

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Schmitt, Stefanie Yvonne
  • Schlatterer, Markus G.
  • Bamberg University, Bamberg Economic Research Group (BERG)

Time of origin

  • 2020

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