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Researchers sought to understand different types of information asymmetries and how they relate to loan default rates in South Africa. Borrowers given high interest rates had a greater incentive to default as it was more costly to repay the loan, but there was little evidence that borrowers...

Voters in Benin had a preference for clientelist political platforms, but certain subsets of voters such as women, consumers of mass media, and members of social organizations were less receptive to clientelism.

Researchers conducted a randomized evaluation to test whether reducing information disparities by giving access to critical market information through a mobile phone platform would improve traders’ profits and decrease incidences of corruption and bribery. Access to the mobile phone platform...

Researchers evaluated the impact of direct mail and phone calls on the turnout of Black voters in ten different states. Neither mailings nor phone calls significantly impacted voter turnout, perhaps due to the large volume of political messaging that voters had to navigate.