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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...
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We study the impact of a portable "soft" commitment device on the financial behavior of low-income slum dwellers in Maharashtra, India. 1525 individuals were randomly allocated to receiving either a zip purse and a lockbox (treatment arm) or a lockbox only (control arm). Based on self-reported...
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Investment in improved agricultural inputs is infrequent for smallholder farmers in Africa. One barrier may be limited … money as a tool to promote agricultural investment. For this purpose, we designed and conducted a field experiment with a … interest was being paid. It also increased agricultural investment in fertilizer, although there was no change in investment in …
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