Sandholtz, Wayne Aaron; Carroll, Peter; Nielson, Daniel L. - 2022
'' that is lost if a savings target is not reached. We partner with a mobile network operator and an NGO in rural Tanzania to …We experimentally test the role of loss-aversion in savings decisions, framing interest as a lump-sum ``upfront bonus … study the savings behavior of 1,524 women receiving mobile-money-based cash transfers from the NGO. Participants were …