Devoto, Florencia; Duflo, Esther; Dupas, Pascaline; … - In: American Economic Journal: Economic Policy 4 (2012) 4, pp. 68-99
Connecting private dwellings to the water main is expensive and typically cannot be publicly financed. We show that households' willingness to pay for a private connection is high when it can be purchased on credit, not because a connection improves health but because it increases the time...