The effect of a financial booster on cognitive functioning and decision-making on the poor

• Main Authors: Teo, Xuan Ting, Soh, Li Ming, Lee, Hwee Leng
• Other Authors: He Tai-Sen
• Format: Final Year Project
• Language: English
• Published: Nanyang Technological University 2020
• Subjects: Social sciences::Economic theory
• Online Access: https://hdl.handle.net/10356/139201
• Institution: Nanyang Technological University

This paper examines the effect of a financial booster of $20 on the cognitive function and risk preference of the poor. We conducted a field experiment on subjects who apply for financial assistance under ComCare Assistance Scheme. The subjects were randomly assigned to either the low condition grou...