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The Role of Information and Preferences in School Choices in Romania

Robert Ainsworth
Rajeev Dehejia
In this randomized evaluation in Romania, researchers compared the roles of preferences and information in households’ decision-making, with regard to high school selection. Results suggest that households provided with information on school quality tend to choose schools that have a greater...

Increasing Mobile Banking Use Among Rural Populations in Ghana

Researchers assessed the impact of financial incentives and peer endorsement on mobile banking adoption and formal savings in Ghana. While financial incentives boosted adoption by 50 percent, peer endorsement was twice as effective, leading to sustained mobile banking use and a 30 percent increase...

Information Disclosure, Cognitive Biases, and Payday Borrowing in the United States

Adair Morse
Researchers provided payday borrowers in the United States information about the true costs of payday loans in order to find out whether they would respond by changing their demand for the product. Better informed individuals reduced their demand significantly, suggesting that getting consumers to...