Commitment device
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What type of contracts do microfinance clients prefer?
Research shows that microfinance clients use credit and savings as commitment devices to accumulate lump sums. Evidence from Pakistan suggests high demand for fixed-repayment contracts, but low demand for commitment add-ons in both credit and savings...
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Healthcare appointments as effective commitment devices: Evidence from Malawi
The offer of an appointment more than doubled the likelihood of men getting an HIV test, and was most effective for men wanting a commitment device