Tag
financial_incentives
4 findings
Finance & microfinanceFinancial Incentive Encouragement for Low-Baseline Take-up RatesUnincentivized workshop participation yielded only 36 attendees out of 487 invited and 4 savings account sign-ups out of 438; adding financial incentives and revisits boosted final workshop participation to 38.9%–41.4% (p < 0.01) and micro-insurance take-up to 25.1%–28.0% (p < 0.01).RCTHealthMonetary Incentive and Travel Distance Elasticity in Health Result Acquisition78.2% of respondents received a non-zero incentive averaging $1.016 (SD $0.897) at an average distance of 1.993 km (SD 1.242 km), resulting in 72.9% overall individual results retrieval rate (72.3% village-level mean, SD 0.186).RCTBehaviour & psychologyNon-Incentivized Service Spillover EffectHouseholds in treatment villages saw an 8.1 percentage point increase (71% increase from 11.4% baseline) in incentivized newborn visits and a concurrent 6.1 percentage point increase (73% increase from 8.4% baseline) in non-incentivized sick-child follow-up visits.RCTLabour & employmentPrice Penalty and Financial Incentive Asymmetry in Program Take-UpApplication rates decreased significantly when charging a price fee, but showed no statistically significant increase when offering a positive cash incentive relative to free enrollment.RCT