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paper examines whether a social norm nudge can induce such households to save more. We ran a large-scale field experiment at … a retail bank in the Netherlands. We find that households who are exposed to the social norm nudge click more often on a … precisely estimated. A complementary small-scale survey experiment suggests that people did notice the social norm nudge and …
Persistent link: https://www.econbiz.de/10012433886
a large-scale field experiment at a retail bank in the Netherlands.The survey experiment shows that a social norm nudge … norm nudge click more often on a link to a personalwebpage where they can start or adjust an automatic savings plan …
Persistent link: https://www.econbiz.de/10012057179
We designed a commitment savings product for a Philippine bank and implemented it using a randomized control methodology. The savings product was intended for individuals who want to commit now to restrict access to their savings, and who were sophisticated enough to engage in such a mechanism....
Persistent link: https://www.econbiz.de/10011612543
We designed a commitment savings product for a Philippine bank and implemented it using a randomized control methodology. The savings product was intended for individuals who want to commit now to restrict access to their savings, and who were sophisticated enough to engage in such a mechanism....
Persistent link: https://www.econbiz.de/10010369236
Persistent link: https://www.econbiz.de/10003168206
This paper describes a randomized field experiment testing the impact of a savings competition on the behavior of homeless individuals staying at a transitional shelter. When monetary prizes were offered for achieving the highest saving rates within a particular month, average savings increased...
Persistent link: https://www.econbiz.de/10013089677
In this paper we investigate behavioral constraints to savings among smallholder farmers in rural Ethiopia. Increasing savings by overcoming such behavioral constraints has been documented to have positive effects on various outcomes such as health, education, and agricultural investments. We...
Persistent link: https://www.econbiz.de/10012858261
In this paper we investigate behavioral constraints to savings among smallholder farmers in rural Ethiopia. Increasing savings by overcoming such behavioral constraints has been documented to have positive effects on various outcomes such as health, education, and agricultural investments. We...
Persistent link: https://www.econbiz.de/10012126111
Persistent link: https://www.econbiz.de/10015163634
This dissertation presents four independent papers that advance experimental methods and test theories on saving using experimentally elicited characteristics. The first two papers test two behavioral theories on precautionary saving based on the characteristics loss aversion and prudence by...
Persistent link: https://www.econbiz.de/10012260367