To Keep Students Focused, Try Paying Their Parents
A study of subsidized training programs and incentives explored who should be included.
To Keep Students Focused, Try Paying Their ParentsReceiving a check can feel rewarding; the tedious chore of traveling to the bank and cashing it often doesn’t. Individuals who prize immediate gratification tend to be impatient to receive a check, but then put off cashing it. This behavior is confirmed in a field experiment conducted by Columbia University’s Ernesto Reuben, Northwestern’s Paola Sapienza, and Chicago Booth’s Luigi Zingales. In the study, impatient participants chose to receive a check immediately rather than wait to receive a larger check in two weeks, but many then waited more than three weeks to cash it.
A study of subsidized training programs and incentives explored who should be included.
To Keep Students Focused, Try Paying Their ParentsMerchants should be careful with the quantity limits they set on sale items.
When Retail Discounts Encourage Customers to Buy LessForty percent of commute time savings went back into jobs.
An Upside of WFH for EmployersYour Privacy
We want to demonstrate our commitment to your privacy. Please review Chicago Booth's privacy notice, which provides information explaining how and why we collect particular information when you visit our website.