News

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...

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 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.