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Full-Text Articles in Social and Behavioral Sciences
The Fii Model As An Investment In Patience: Exploring Time Preferences In Medellin, Colombia, Jennifer Graham
The Fii Model As An Investment In Patience: Exploring Time Preferences In Medellin, Colombia, Jennifer Graham
Master's Theses
The motivation for this research is to explore the success behind the Oakland based Family Independence Initiative (FII) as a model for poverty alleviation. During the period of June-December 2012, nearly 200 small business owners in Medellin, Colombia participated in a field experiment intended to replicate the FII model by randomizing the treatments of setting goals, receiving conditional payments, and participating in self-help groups, as well as the combinations thereof. The data shows that the subjects in the full FII treatment group achieve more goals and have significantly higher monthly sales than those subjects in any other treatment or control …
Incentives To Improve Economic Conditions: A Field Experiment In Medellin, Colombia, Lauren Skora
Incentives To Improve Economic Conditions: A Field Experiment In Medellin, Colombia, Lauren Skora
Master's Theses
The motivation for this research is to replicate the Oakland based Family Independence Initiative (FII) and to test the components of this model. The FII program claims its success stems from a bottom-up approach structured around setting life-improving goals, mutual support groups, and small monetary incentives to achieve results. As the popularity of this program continues to gain momentum in the United States, we designed a field experiment to measure the impact of incentives on goal achievement and economic conditions as well as the overall impact of the FII model. We enrolled close to 200 small business owners in four …