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Study • Finance · Savings

Getting to the Top of Mind: How Reminders Increase Saving.

Karlan et al. (2010), 'Getting to the Top of Mind'

M McConnellSendhil MullainathanJonathan ZinmanDean Karlan

Summary by Mark Egan

The authors conducted three field experiments looking at increasing savings with text message reminders.They found that goal-specific reminders were considerably more effective than generic ones.

Tactics used

R

TACTICS

Reminders

C

TACTICS

Cues

&

TACTICS

& Triggers

M

TACTICS

Micro-Incentives

G

TACTICS

Goal Setting

C

TACTICS

Commitment Devices

Behaviors addressed

Savings

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