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Small Changes, Big Results : Behavioral Economics at Work in Poor Countries
Experts and practitioners debate the possible effect of behavioral economics on international development. In the lead essay, Rachel Glennerster and Michael Kremer argue that the introduction of behavioral economic theory and randomized testing could be transformative. Diane Coyle, Eran Bendavid, Pranab Bardhan, José Gómez-Márquez, Chloe O’Gara, Jishnu Das, Shantayanan Devarajan, Jeffrey S. Hammer, and Daniel N. Posner respond to their thesis.
- GenresEconomics
35 pages, Kindle Edition
First published May 23, 2011
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Displaying 1 of 1 review
October 15, 2019
QUOTE
"..........These results, from both education and health studies, fit with an emerging consensus from behavioral economics: people are not good at making even small upfront investments in order to obtain a steady stream of modest future benefits.
Fortunately, these behavioral theories also suggest a possible solution: small upfront incentives should be effective at changing behavior."
UNQUOTE
"..........These results, from both education and health studies, fit with an emerging consensus from behavioral economics: people are not good at making even small upfront investments in order to obtain a steady stream of modest future benefits.
Fortunately, these behavioral theories also suggest a possible solution: small upfront incentives should be effective at changing behavior."
UNQUOTE
Displaying 1 of 1 review