Improving Mobility for Two Generations: Behavioral Science Approaches to Poverty

Explore the impact of scarcity on decision-making and learn how behavioral science can revolutionize programs and policies to support low-income families in breaking the cycle of poverty. Delve into key concepts such as Milgram's Experiment, the Psychology of Scarcity, and Attribution Error. Examine how limited resources affect cognitive function and decision-making processes. Investigate the role of stereotypes, social discomfort, and Pareto Optimality in shaping perceptions and policies. Gain insights into practical applications of behavioral science in areas like financial literacy and FAFSA completion. Discover innovative approaches to improving mobility for two generations through the lens of cognitive psychology and policy implications.