Showing 1 - 6 of 6
Microfinance has been heralded as an effective way to address imperfections in credit markets. From a theoretical perspective, however, the success of microfinance contracts has puzzling elements. In particular, the group-based mechanisms often employed are vulnerable to free-riding and...
Persistent link: https://www.econbiz.de/10005685507
This paper reports a surprising finding from an experiment on giving to welfare recipients. The experiment tests how offers of money in n-donor dictator games are affected by 1) donors' humanitarian and egalitarian values and 2) direct information about the recipients' work-preferences. People...
Persistent link: https://www.econbiz.de/10005685508
We conducted a natural field experiment to explore the effect of price changes on charitable contributions. To operationalize our tests, we examine whether an offer to match contributions to a non-profit organization changes the likelihood and amount that an individual donates. Direct mail...
Persistent link: https://www.econbiz.de/10005685509
Persistent link: https://www.econbiz.de/10005490034
This paper presents rigorous and direct tests of two assumptions relating to limited commitment and asymmetric information that underpin current models of risk pooling. A specially designed economic experiment involving 678 subjects across 23 Zimbabwean villages is used to solve the problems of...
Persistent link: https://www.econbiz.de/10005432545
This paper presents new evidence on the distribution of risk attitudes in the population, using a novel set of survey questions and a representative sample of roughly 22,000 individuals living in Germany. Using a question that asks about willingness to take risks in general, on an 11-point...
Persistent link: https://www.econbiz.de/10005432546