Goel, Lakshmi; Schnusenberg, Oliver - In: International Journal of Applied Behavioral Economics … 3 (2014) 3, pp. 1-16
Because borrowers sometimes take out additional loans in order to repay their earlier microfinance loans, microfinance loan repayment rates may be artificially inflated. The authors therefore propose a temporal socio-cultural model based on Hofstede's (1980) cultural dimensions, the diffusion of...