Hyperbolic discounting and fetilizer use
Intervention · Financial Products
Intervention Description
Kenyan farm workers are surprisingly unlikely to buy fertilizer, despite the fact that fertilizer represents a small fixed cost and would benefit the farmers in many ways. Working under the assumption that the farmers are restrained in a present bias, researchers visited Kenyan farmers to distribute time-limited vouchers for fertilizer that would be delivered for free. Results showed that use of fertilizer did increase after this intervention.
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