Effects of Perceived Scarcity on Mental Health, Time and Risk Preferences, and Decision-Making During and After COVID-19 Lockdown: Quasi-Natural Experimental Study.

Effects of Perceived Scarcity on Mental Health, Time and Risk Preferences, and Decision-Making During and After COVID-19 Lockdown: Quasi-Natural Experimental Study.

Publication date: Aug 29, 2025

The COVID-19 lockdowns led to significant resource constraints, potentially impacting mental health and decision-making behaviors. Understanding the psychological and behavioral consequences could inform designing interventions to mitigate the negative impacts of episodic scarcity during crises like pandemics. To investigate the effects of perceived scarcity on mental health (stress and fear), cognitive functioning, time and risk preferences (present bias and risk aversion), and trade-offs between groceries, health, and temptation goods during and after the COVID-19 lockdown in Shanghai. A quasi-natural experiment was conducted in Shanghai during and after the COVID-19 lockdown. Web-based surveys were administered in May 2022 (during lockdown) and September 2022 (post-lockdown). Propensity score matching was used to balance demographic factors between the groups (During: n=332; After: n=339). Data were analyzed using regression analyses, controlling for potential confounders and applying propensity score matching weights. Perceived scarcity was significantly higher during the lockdown (mean 7. 97 (SD 2. 1)) than after (mean 4. 35 (SD 2. 27); P

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Concepts Keywords
Groceries Adult
Lockdowns China
September cognitive function
Shanghai consumer behavior
Temptation COVID-19
COVID-19 lockdown
Decision Making
Female
Humans
Male
Mental Health
mental health
Middle Aged
natural experiment
perceived scarcity
present bias
public health interventions
Quarantine
risk aversion
Surveys and Questionnaires
Time Factors
wellbeing

Semantics

Type Source Name
disease MESH COVID-19
drug DRUGBANK Isoxaflutole

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