DIFFUSION of responsibility, otherwise known as the bystander effect, occurs when people fail to act, instead expecting that someone else will do what they failed to do. The more people involved in a given situation, the more likely it is that each person will do nothing, believing someone else from the group or community will probably respond. In 1968, in a much celebrated and groundbreaking study psychologists, John Darley and …
Contrary to the conventional arguments that bad decisions lead to poverty, it is high time we understand that it is the cognitive toll of being poor that leads to bad decisions.