Min Nian
ABSTRACT
Generally, economics does not consider the influence of mental resources on the outcome of choices when studying people's choice behavior. This paper studies the influence of psychological resources on the economic efficiency of the poor by integrating the constraints of psychological resources in the classical model. By distinguishing sophisticated and naive subjects, a dynamic model of self-control and willpower level affecting the economic efficiency of the poor is constructed, and conduct numerical simulation research, it is found that only subjects with sufficient willpower are likely to choose the most economically efficient way of behavior, and thus are most likely to get rid of poverty; Experienced poor subjects with insufficient psychological resources can only arrange production activities in a way that is lower than the optimal action plan, and may miss favorable opportunities to escape poverty.
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Index Terms
- Research on the Depletion of Psychological Resources and Poverty Circle Based on Strength Model of Self-Control
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