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380 - The Dangerous “Scarcity Loop” That Keeps You Stuck, Miserable, & Always Wanting MORE
The Marie Forleo Podcast
Understanding the Scarcity Loop
The scarcity loop is a three-part behavior system involving opportunity, unpredictable rewards, and quick repeatability. It drives individuals towards quick, repeat behaviors that can be harmful in the long run. The loop is prevalent in contexts like casinos, where slot machines exploit this mechanism. The three components involve the chance to obtain something valuable, rewards that are unpredictable in magnitude and timing, and the ability to quickly repeat the behavior. This combination entices people to engage in behaviors with known negative outcomes but offers the hope of significant rewards, fostering a cycle that can be detrimental.
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