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savings contracts. We find substantial demand for both credit and savings contracts but no demand for additional commitment …, demand for savings is insensitive to explicit commitment features. Individuals offered loans actively dislike commitment and …
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test — using the same respondent population — how demand for explicit commitment features differs between loan and savings … contracts. We find substantial demand for both credit and savings contracts but no demand for additional commitment features … savings is insensitive to explicit commitment features. Individuals offered loans actively dislike commitment and flexibility …
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