Increasing financial well-being

Our cognitive biases often work against us in our money-related decisions. Behavioral science can help design policies, products and services that really help people save and spend smarter.

We’re about to launch a randomized controlled trial in a large bank, testing small changes in the communications sent to clients who negotiated new repayment terms. Within a few months, we will have results on whether we succeeded to encourage timely debt repayment.

Date: March 2, 2020