Tag
time_inconsistency
3 findings
Finance & microfinanceCash Timing and Liquidity Mismatch in Insurance DemandDelays in marketing meant farmers had already spent cash reserves on fertilizer prior to insurance offer windows, depressing cash sales. 70% of households reported lacking sufficient income for basic needs, amplifying time-sensitive liquidity barriers.Observational StudyLabour & employmentTime-Inconsistent Search Preferences12% of job-seekers exhibited incentivized present bias at baseline. Workshop treatment effects on permanent employment were significantly higher for present-biased individuals who failed to anticipate their time-inconsistency (p < 0.05).RCTBehaviour & psychologyRecipient Time-Inconsistency in Remittance SpendingBaseline survey evidence reveals that 55% of migrants want more influence over the overall household budget in the Philippines, and 37% specifically desire more control over remittance spending decisions due to divergent preferences between senders and receivers.Expert Theory