Documents & Reports

Endowment Effects and Usage of Financial Products : Field Evidence from Malawi (English)

Abstract

When offered a choice between two savings accounts, prior account holders are significantly less likely to switch to a cheaper account, compared with new subjects without a prior account. While 49 percent of account holders retained their original, expensive... See More +

Details

  • Gine, Xavier; Goldberg, Jessica Ann;
  • 2018/09/05 14:57:05
  • Policy Research Working Paper
  • WPS8576
  • 1
  • 1
  • Malawi
  • Africa
  • 2018/09/05 14:52:51
  • Disclosed
  • Endowment Effects and Usage of Financial Products : Field Evidence from Malawi
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