What category does Scarcity belong to?

Scarcity belongs to the "Cognitive Biases" category in personal knowledge management and productivity.

What are the key topics related to Scarcity?

Key topics related to Scarcity include: psychology, cognitive-biases, concepts.

What are alternative names for Scarcity?

Scarcity is also known as: Limited availability, FOMO trigger.

Scarcity

The psychological principle that limited availability increases perceived value.

Also known as: Limited availability, FOMO trigger

Category: Cognitive Biases

Tags: psychology, cognitive-biases, concepts

Explanation

Scarcity is the principle that things become more desirable when they're in limited supply. This cognitive bias influences behavior in many contexts - from marketing (limited-time offers) to productivity (deadline pressure). In PKM, understanding scarcity helps recognize when it's being used to manipulate (FOMO-inducing newsletters) and when it's genuinely useful (using deadlines to create focus). Time is genuinely scarce, making it essential to be intentional about how it's spent.

Related Concepts

Fear of Missing Out (FOMO)
Opportunity Cost
Pre-Commitment

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