Endowment Effects and Usage of Financial Products : Field Evidence from Malawi
When offered a choice between two savings accounts, prior account holders are significantly less likely to switch to a cheaper account, compared with new subjects without a prior account. While 49 percent of account holders retained their original,...
| Main Authors: | , |
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| Format: | Working Paper |
| Language: | English |
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Washington, DC: World Bank
2018
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| Online Access: | http://documents.worldbank.org/curated/en/815821536173881140/Endowment-Effects-and-Usage-of-Financial-Products-Field-Evidence-from-Malawi http://hdl.handle.net/10986/30421 |