Moral Incentives : Experimental Evidence from Repayments of an Islamic Credit Card

This paper studies the role of morality in the decision to repay debts. Using a field experiment with a large Islamic bank in Indonesia, the paper finds that moral appeals strongly increase credit card repayments. In this setting, all of the banks...

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Bibliographic Details
Main Authors: Bursztyn, Leonardo, Fiorin, Stefano, Gottlieb, Daniel, Kanz, Martin
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2015
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2015/09/25080545/moral-incentives-experimental-evidence-repayments-islamic-credit-card
http://hdl.handle.net/10986/22842