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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...

Social Integration Effects of Pre-Migration Information Sessions in the Philippines

Victoria S. Licuanan
Andreas Steinmayr
Erwin Tiongson
Researchers conducted a randomized evaluation to investigate whether an expanded and more thorough version of an orientation program in the Philippines improved socioeconomic outcomes and facilitated settlement for migrants upon moving to the United States. The research team found that though the...