scarcity effect Quotes

It's well-known that people don't respond to scarce resources necessarily in what we might consider a positive light.

People only give value to a thing if they have, at some point, been uncertain as to whether or not they'll get it.

One is apt to overestimate beauty when it is rare

Well the open-outcry auction is just made to turn the brain into mush: you've got social proof, the other guy is bidding, you get reciprocation tendency, you get deprival super-reaction syndrome, the thing is going away... I mean it just absolutely is designed to manipulate people into idiotic behavior.

Sydney: Ever had that happen? Once you can’t have something, you want it that much more.” Adrian: “Yes. It happens all the time.

Tom said to himself that it was not such a hollow world, after all. He had discovered a great law of human action, without knowing it -- namely, that in order to make a man or a boy covet a thing, it is only necessary to make the thing difficult to attain.

When money disappears, we soon understand the power of absence.

It is the effect of scarcity; one’s rules of propriety make one thirst for the improper.

Scarcity drives up demand, and the short golf season in Minnesota makes residents of that state mad for the sport. It's the same reason ancient Scandinavians worshiped the sun: because they saw so little of it.

If it be usual to be strongly impressed by things that are scarce, why are we so little impressed by virtue?

The threat of taking something away makes us appreciate it more.

Anything you lose automatically doubles in value.

Appealingness is inversely proportional to attainability.