A commitment is a choice that an individual makes in the present to restrict their choices in the future, often as a means of controlling future impulsive behavior and attaining long-term goals. Much of IPA's research around commitments has focused on evaluating financial products with commitment features, which are designed to help the poor become better prepared for emergencies or other potential financial setbacks.


Despite good intentions, people often make less-than-optimal financial choices. In this series, we match insights from our global research in behavioral economics with specific financial service...


In 2012, remittances from migrant workers to developing countries were roughly three times the total amount of global foreign aid, yet little is known about how to make these funds work better....


Researchers are partnering with a mobile money operator in Kenya to offer a commitment savings product to parents whose children will soon be making the costly transition to high school.