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The Effect of Incentive-Based Pay in the Weatherization Assistance Program on Energy Efficiency in Illinois

Researchers conducted a randomized evaluation of the Illinois Home Weatherization Assistance Program (IHWAP), which aims to improve energy efficiency in low-income households. The study tested the impact of performance-based pay for contractors implementing air sealing retrofits as part of IHWAP...

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...