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Tying Odysseus to the Mast: Evidence from a Commitment Savings Product in the Philippines AgEcon
Ashraf, Nava; Karlan, Dean S.; Yin, Wesley.
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 were sophisticated enough to engage in such a mechanism. We conducted a baseline survey on 1777 existing or former clients of a bank. One month later, we offered the commitment product to a randomly chosen subset of 710 clients; 202 (28.4 percent) accepted the offer and opened the account. In the baseline survey, we asked hypothetical time discounting questions. Women who exhibited a lower discount rate for future relative to current tradeoffs, and hence potentially have a preference for commitment, were indeed...
Tipo: Working or Discussion Paper Palavras-chave: Savings; Commitment; Hyperbolic preferences; Microfinance; Development economics; Program evaluation; Field experiment; Self-control; Financial Economics; C93; D01; D11; D12; D14; D81; D91; G11; O12.
Ano: 2005 URL: http://purl.umn.edu/28411
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O COMPROMISSO COMO MODERADOR DA INFLUÊNCIA DA SATISFAÇÃO E DA IDENTIFICAÇÃO NA COMUNICAÇÃO BOCA A BOCA: UMA ANÁLISE JUNTO A CONSUMIDORES DE ALIMENTOS ORGÂNICOS AgEcon
Costa, Francisco Jose da; Montefusco, Davi; Lima, Marcelo Correia.
The aim of the study was to analyze the relations between the issues of satisfaction, commitment, identification and word of mouth. The study was based on a theoretical gap detected in the relations between these concepts and seeks to present some contributions regarding, specifically, organic food consumption. From a review of the literature, six hypotheses were made. To assess the hypotheses, field work was conducted among 134 organic food consumers in Fortaleza, Ceará state. In order to test the hypotheses, statistical regression analysis was used After the statistical analysis, the main conclusions were: (1) the relation between satisfaction and word of mouth, in the organic food sector, is partial when analyzed together with consumer identification;...
Tipo: Journal Article Palavras-chave: Word of mouth; Satisfaction; Commitment; Identification; Organic food.; Agribusiness; Agricultural Finance; Industrial Organization.
Ano: 2009 URL: http://purl.umn.edu/90422
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The Efficacy of Parochial Politics: Caste, Commitment, and Competence in Indian Local Governments AgEcon
Munshi, Kaivan; Rosenzweig, Mark R..
Parochial politics is typically associated with poor leadership and low levels of public good provision. This paper explores the possibility that community involvement in politics need not necessarily worsen governance and, indeed, can be efficiency enhancing when the context is appropriate. Complementing the new literature on the role of community networks in solving market problems, we test the hypothesis that strong traditional social institutions can discipline the leaders they put forward, successfully substituting for secular political institutions when they are ineffective. Using new data on Indian local governments at the ward level over multiple terms, and exploiting the randomized election reservation system, we find that the presence of a...
Tipo: Working or Discussion Paper Palavras-chave: Politics; Commitment; Governance; International Development; Political Economy; H11; H44; O12.
Ano: 2008 URL: http://purl.umn.edu/43523
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