Leon Hilbert’s research investigates psychological effects of having financial problems. Job insecurity, debts, or other forms of economic uncertainty often result in financial scarcity, which is the experience of lacking needed (financial) resources. Financial scarcity has been shown to affect people's cognition, emotions, and decision-making, with often detrimental effects for those in financial trouble.
In his research, Leon uses a broad range of empirical methods to study how financial scarcity affects perceived control, decisions, and performance. For example, he researches how scarcity affects financial avoidance, temporal discounting, and cooperation.