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Policies need not only to be well designed to effectively address market failures, but their parameters also need to be part of agents’ information sets. This is illustrated by government student loans in the Netherlands which are intended to alleviate liquidity constraints. Despite generous...
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anonymously buy hot drinks on credit. We find no significant average effects, but find that treated individuals that have low …
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the variation in confidence and competition entry decisions. Conservatism is correlated across tasks and predicts …. Asymmetry is less stable across tasks, but predicts competition entry by increasing self-confidence. …
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We report the results of a longitudinal intervention with students across five universities in China designed to reduce online consumer debt. Our research design allocates individuals to either a financial literacy treatment, a self-control training program, or a zero-touch control group. The...
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This paper reports an experimental investigation of a trust game using either cash or class credit as incentives to … extra-credit points added to the students' overall average at the end of the semester. The results indicate that using extra-credit … find a difference in behavior with second movers who expect a low grade, but those incentivized with class credit are …
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