and a secret saving device on solidarity in risk-sharing groups among rural villagers in the Philippines. Risk is … simulated by a lottery. Risk-sharing is possible in solidarity groups of three and insurance is introduced via less risky … ; savings ; informal risk sharing ; crowding out ; field lab experiment ; Philippines …

and a secret saving device on solidarity in risk-sharing groups among rural villagers in the Philippines. Risk is … simulated by a lottery. Risk-sharing is possible in solidarity groups of three and insurance is introduced via less risky …This paper analyzes data from a novel field experiment designed to test the impact of two different insurance products …

We analyze whether the availability of formal insurance products affects informal solidarity transfers in two … minimizes strategic concerns. The introduction of an insurance treatment alters solidarity in both experiments. We find crowding … independent behavioral experiments in the Philippines. The first experiment allows for communication, non-anonymity and …

We analyze whether the availability of formal insurance products affects informal solidarity transfers in two … minimizes strategic concerns. The introduction of an insurance treatment alters solidarity in both experiments. We find crowding … independent behavioral experiments in the Philippines. The first experiment allows for communication, non-anonymity and …

and a secret saving device on solidarity in risk-sharing groups among rural villagers in the Philippines. Risk is … simulated by a lottery. Risk-sharing is possible in solidarity groups of three and insurance is introduced via less risky …This paper analyzes data from a novel field experiment designed to test the impact of two different insurance products …

We designed a commitment savings product for a Philippine bank and implemented it using a randomized control … methodology. The savings product was intended for individuals who want to commit now to restrict access to their savings, and who … for commitment, were indeed significantly more likely to open the commitment savings account. After twelve months, average …

This paper investigates the crowding out of informal support among peers by the introduction of formal insurance. We … show that the availability of insurance changes people's intrinsic motivation to support others. We report results from a … endowment. It is varied whether they can purchase an insurance before the loss is determined. The other half of the subjects can …