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Providing Endowments to Improve Bargaining Outcomes for Microentrepreneurs in Ghana

Gisella Kagy
Lena Song
Researchers randomly provided more or less cash to garment-making firm owners in Ghana before a bargaining game to evaluate the impact of endowment on the negotiated sale price of a good. Owners of garment-making microenterprises with lower household liquidity agreed to lower sale prices during the...

Formal Rainfall Insurance for the Informally Insured in India

Mark Rosenzweig
Researchers conducted a randomized evaluation to test how informal insurance within Indian sub-castes affected the demand for formal rainfall insurance, and subsequent risk-taking among households employed in agriculture. Informal insurance both increased and decreased the demand for formal rainfall...