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We review the theoretical and empirical literature on commitment devices. A commitment device is any arrangement, entered into by an individual, with the aim of making it easier to fulfill his or her own future plans. We argue that there is growing empirical evidence supporting the proposition...
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The armed conflict over economic and political power in Colombia has led to the massive displacement of people living in the areas of violence. The design of appropriate policies of prevention, assistance, and resettlement requires improved information on the determinants and effects of...
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This paper measures the rural households' willingness to pay (WTP) for access to public telephone services in Bangladesh and Peru through contingent valuation methods. The development of contingent valuation methods together with the econometric expansion of qualitative response models has...
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