The Microfinance Insider is a forum for graduate students engaged or interested in working in the field of microfinance. Through weekly posts and comments we hope to inspire students and foster the creation of a knowledge community of bloggers with a commitment to financial access and first hand industry information.


Friday, June 19, 2009

"Put Your Money Where Your Butt Is"

A friend of mine is trying to quit smoking. This will be his fourth time. After failed attempts with the patch, gum, and hypnosis, he is getting desperate for something that ‘works.’ He says that despite knowing how unhealthy smoking is for him, the fear of cancer, early death, premature aging, etc, just isn’t enough to scare him into quitting. As stupid as it sounds, he tells me, “I don’t have cancer right now, so holding off quitting one more day won’t matter.” It would seem that the disconnect between fulfilling his immediate desire (not quitting) and the possible outcome of this decision (dying of cancer) is too wide to impact his behavior.

His “plight” immediately came to mind when I came across this paper: Put your Money where your Butt is: A Commitment Contract for Smoking Cessation. Authors Xavier Gine (World Bank), Dean Karlan (Innovations for Poverty Action), and Jonathan Zinman (Innovations for Poverty Action) research the effectiveness of CARES (Committed Action to Reduce and End Smoking), a commitment product designed for people who want to quit smoking. In this study, research participants were offered the opportunity to open an interest-free savings account. The account required clients to make weekly deposits (of their own money) in the amount they would have otherwise spent on cigarettes. After six and again at 12 months, CARES clients underwent a urinalysis to test for recent nicotine consumption. CARES clients who passed the test received the balance of their deposits; those who failed (or did not take) the test forfeited the entire balance to charity.

The results were surprisingly positive, especially considering the bank account offered zero interest and there was a high likelihood of losing money. At six months, smokers randomly offered CARES were 3 to 6 percentage points more likely to pass than the control group, and CARES clients were 32 to 35 percentage points more likely to pass than the control group. The 12-month test revealed that smokers offered CARES were 4 to 6 percentage points more likely to pass the test than the control group, and CARES clients were 34 to 53 percentage points more likely to pass the test than the control group. The study also found that CARES treatment compares favorably to those found for nicotine replacement therapy in randomized controlled trials in other settings. The take-up rate was promising, as well: more than 1 in 10 of the people offered the treatment product signed up for the CARES program.

I’m not sure how this type of arrangement would work for my friend, but it does offer a provocative way to think about the potential of smoking cessation treatments.

46 comments:

daniel said...

If I were to wager a guess at why, I’d say that users don’t “browse” forms. The interaction style users engage in with forms is different, and requires its own study and design best practices.

part time money making ideas

softech said...

This is an easy, fast money making internet job. All you need is your computer with an internet connection. This is a totally FREE way to make money online! NO Selling NO Buying NO Calling NO website to maintain! NO fees, Nothing to purchase! 100% FREE! Get paid by Paypal on-time! This is a great home based business for people who want to build a solid income.

part time worker

toilet van said...

I support this microfinance organization named Grameen America. It opened in 2007 and already has over 1700 borrowers who are becoming very successful. Their repayment rate is 99% and I know that they are a very respectable institution. They opened in New York in 2007 and now already have spread as far as San Francisco.
Please support them in a Change.org competition. The winners of this competition win an audience with the Obama administration so it would be a great way to get microfinance into the national agenda and get some reasonable laws passed. Please vote now at https://www.change.org/ideas/view/job_creation_for_poor_americans_through_microloans_2 . This is very important for microfinance in America.

Anonymous said...

來給你加油打氣!!!保重!!! ........................................

Anonymous said...

思想與理論,貴呼先於行動,但行動較思想或理論更高貴 ..................................................

Anonymous said...

都都成人站哈雷聊天室919sex色片直播網ao3美女圖sexsun comaaaaa7777788卡提諾成人日本a片-aa片免費看av999免費影片250av女優免費影片日本影片自拍日本影片區日本巨乳a片日本屎尿片日本少女寫真集dvd專賣店日本學生偷情影片日本學生寫真集日本寫真美女 dvd日本寫真集 rain日本寫真集女星美女 視訊美女 視訊免費線上成人影片戀愛ing聊天室免費聊天firework嘿咻kiss168cu成人bt情色 網援交友留言聊天室找一夜666成人無碼免費girl5320視訊做愛色美媚歐美模特兒寫真天空交友八國聯軍成人曼雪兒成人文學小說曼雪兒成人文學曼雪兒情色文學成人小說曼雪兒成人曼雪兒成人免費小說

Anonymous said...

I love readding, and thanks for your artical. ........................................

Anonymous said...

問聲好~~ 祝福您的blog愈來愈熱鬧! ........................................

Anonymous said...

休息是為了走更長遠的路,爬個文章休息一下!! ........................................

Anonymous said...

人生是故事的創造與遺忘。......................................................

Anonymous said...

我們唯一需要恐懼的事,是恐懼本身........................................

Anonymous said...

I love readding, and thanks for your artical.........................................

Anonymous said...

成功可招引朋友,挫敗可考驗朋友......................................................

Anonymous said...

may the blessing be always with you!!........................................

Anonymous said...

a片a圖一夜情一葉情人妻激情情色寫真美女自拍辣妹自拍正妹自拍美女走光辣妹走光正妹走光脫衣秀脫衣走光色情自慰自拍成人全裸打炮打手槍打飛機巨乳巨奶女優大奶性交性愛淫蕩淫慾淫亂淫婦淫妹

怡潔 said...

Nice to meet u........................................

Anonymous said...

Joy shared with others are more enjoyed.......................................................

昱宏彥良 said...

Undertake no more than you can perform. ............................................................

Anonymous said...

好問才能博學。........................................

Anonymous said...

Some people cannot see the wood for the trees. ............................................................

玉龍玉龍 said...

you did a good job..................................................

瓊富 said...

期待你每一篇文章......................................................................

Anonymous said...

在莫非定律中有項笨蛋定律:「一個組織中的笨蛋,恆大於等於三分之二。」.................................................................

祐白祐白 said...

成熟,就是有能力適應生活中的模糊。....................................................................

Anonymous said...

成熟,就是有能力適應生活中的模糊。.................................................................

Anonymous said...

成功多屬於那些很快做出決定,卻又不輕易變更的人。而失敗也經常屬於那些很難做出決定,卻又經常變更的人.................................................................

Anonymous said...

人因夢想而偉大,要堅持自己的理想哦..................................................................

Anonymous said...

累了嗎?來杯咖啡休息一下吧!............................................................

Anonymous said...

相逢即是有緣~~留個言問候一聲,祝您平安順利...............................................................

Anonymous said...

It is never too late to learn. ............................................................

Anonymous said...

喜歡你的部落格,留言請您繼續加油..................................................................

Anonymous said...

blog有留言互動才好玩~~希望留言能支持您的更新動力!!!............................................................

Anonymous said...

不錯唷~我會常常來 >"<............................................................

Anonymous said...

風平浪靜時,人人都可以當舵手.................................................................

Anonymous said...

今夜星光多美好~祝你快樂~~~~............................................................

Anonymous said...

你不能決定生命的長度,但你可以控制它的寬度..................................................................

陳珮琴 said...

IS VERY GOOD..............................

家唐銘 said...

Of two evils choose the least.............................................................

王辛江淑萍康 said...

做好事,不需要給人知道,雖然只是一件微不足道的事,但我相信,這會帶給我快樂。..................................................

Anonymous said...

世間事沒有一樣沒有困難,只要有信心去做,至少可以做出一些成績。..................................................

Anonymous said...

may the blessing be always with you!!............................................................

幸平平平平杰 said...

嘿,你的部落格不錯哦!............................................................

Anonymous said...

生存乃是不斷地在內心與靈魂交戰;寫作是坐著審判自己。. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Anonymous said...

好看耶~一定每天有空給你支持..................................................

Anonymous said...

來打聲招呼-大家好!!!..................................................

Anonymous said...

你的分享很不錯.. 謝謝 ..................................................