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We partnered with Walmart to test 22 nudges designed to boost vaccination rates in their pharmacies. Nudges were delivered via text message to over 650,000 Walmart pharmacy patients in the fall of 2020 and encouraged patients to visit Walmart for a flu vaccine. We demonstrate that behaviorally...
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Classical interest rate models were formulated under the no-arbitrage assumption of a unique yield curve. However, in the outbreak of the 2007 global financial crisis, market interest rates witnessed unprecedented segmentation, and this instigated the modelling of a basis spread, whose...
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