Revising Commitments : Field Evidence on the Adjustment of Prior Choices

Revising Commitments : Field Evidence on the Adjustment of Prior Choices

The very poor in developing countries often make intertemporal choices that seem at odds with their individual self-interest. There are many possible reasons why. This paper investigates several of these reasons with a lab-in-the-field experiment i...

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Bibliographic Details
Main Authors: Giné, Xavier, Goldberg, Jessica, Silverman, Dan, Yang, Dean
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2012
Subjects:
AGGREGATE DEMAND
AUTARCHY
BANK OPERATIONS
BANKING INSTITUTIONS
BENCHMARK
BUDGET CONSTRAINTS
COMMITMENT DEVICES
CONSUMERS
CONSUMPTION SMOOTHING
CORRELATIONS
CROP INSURANCE
DEMOGRAPHIC
DEVELOPING COUNTRIES
DEVELOPMENT ECONOMICS
DEVELOPMENT POLICY
DEVELOPMENT RESEARCH
DIMINISHING MARGINAL UTILITY
DISBURSEMENT
DISBURSEMENTS
DISCOUNT RATE
DISCOUNT RATES
DURABLES
ECONOMIC MODELS
ECONOMIC THEORY
ECONOMICS RESEARCH
EVALUATION STUDIES
EXCHANGE RATE
EXPENDITURE
EXPENDITURES
EXPERIMENTAL DESIGN
EXPERIMENTAL STUDIES
EXPERIMENTAL SUBJECTS
EXPERIMENTS
EXTREME POVERTY
FIELD EXPERIMENTS
FIELD WORK
FINANCIAL MARKETS
FINANCIAL PRODUCT
FINANCIAL TRANSACTION
HOUSEHOLD INCOME
HOUSEHOLD WEALTH
INCOME
INCOME EFFECT
INCOME LEVELS
INTEREST RATE
INTEREST RATES
INTERNATIONAL BANK
LOW-INCOME COUNTRIES
MARGINAL UTILITY
MARGINAL UTILITY OF CONSUMPTION
MODELING
NEGATIVE SHOCKS
PRICE ELASTICITY
PRICE ELASTICITY OF DEMAND
PRIVATE SECTOR DEVELOPMENT
RATE OF RETURN
RATES OF RETURN
REGRESSION ANALYSES
REGRESSION ANALYSIS
RESEARCH WORKING PAPERS
RETURN
SAVINGS
SAVINGS ACCOUNT
SHOCKS TO INCOME
SHORT-TERM SAVING
SIMULATION
SIMULATIONS
SMALL BUSINESSES
SMOOTHING CONSUMPTION
SOCIAL DEMANDS
STOCKS
SUBSTITUTION EFFECT
TIME LAG
TRADING
TRANSACTION
TRANSACTION COSTS
UTILITY FUNCTION
WAGES
WEALTH
Online Access:http://documents.worldbank.org/curated/en/2012/06/16389929/revising-commitments-field-evidence-adjustment-prior-choices
http://hdl.handle.net/10986/9309

Internet

http://documents.worldbank.org/curated/en/2012/06/16389929/revising-commitments-field-evidence-adjustment-prior-choices
http://hdl.handle.net/10986/9309

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