An article published in The Economist provides insight into the economics of procrastination and helps explain why our resolutions for January 1st often fail to result in the change we seek. The ...

Dean Karlan was pioneering research in the developing world on how commitment contracts could help people save money and improve their living conditions when he struck upon an unexpected personal ...

As sunny and smiley as gyms’ front-desk employees can be, they’re covering up a secret that keeps the industry going: Once you’ve signed up for a membership, they don’t want you to come in very often.

Citations: Durango-Cohen, Elizabeth J., Candace Yano. 2006. Supplier Commitment and Production Decisions Under a Forecast-Commitment Contract. Management Science. (1)54-67.