Through framing, identical information can be portrayed in different ways. Existing literature finds that receiving positively framed information makes people more risk-averse than receiving negatively framed information, but disagreement remains on the strength of this effect and the conditions under which it occurs. In this study, 503 participants were surveyed...
This dissertation contains two studies. In Chapter 1, I implement a randomized intervention to measure the effect of reminders for timely payment of credit cards. While I find an 13% reduction in the cost of late payment fees paid, 31% of the users that avoid credit card late payments, incur...