Jun 2, 2015
At ideas42 we do a lot of work applying behavioral science to challenges in higher education. Obtaining a university education is an incredibly strong predictor of individual earnings and economic mobility. But, unfortunately, the barriers to completing a degree are growing, with ballooning costs and student debt stifling economic growth and opportunity. This growing crisis … Read more.
May 21, 2015
“If you don’t have money, if you don’t come from money, then your whole life is a struggle.” Though Mark* said this with a smile, we sensed his exhaustion. He spoke lovingly of his 3-year-old daughter and 1-year-old son, but explained that it was difficult to balance looking after his family with complicated work schedules. … Read more.
Apr 2, 2015
Over the past two years, the ideas42 team has run more than 15 higher education projects at colleges and universities around the country. Our goal is to use behavioral science insights to design low cost interventions that improve student outcomes – both academic and financial. In the process we’ve taken a crash course in the … Read more.
Mar 30, 2015
Imagine you’ve been stuck in a meeting that ran into the lunch hour and you’re hungry—really hungry. You’ll focus on your hunger, craving whatever is closest and finding it tough to stick to long-term nutritional goals like maintaining low cholesterol. A very hungry version of you will also be more easily deterred by any short-term … Read more.
Feb 23, 2015
In April 2015 the UK Government will introduce big changes to the rules surrounding how people can access their pension pots. The changes are complex, but the overall effect will be to give pension holders much more flexibility to spend or invest their savings as they choose when they reach 55. With this increased freedom … Read more.
Dec 16, 2014 by ideas42
This post originally appeared on the Center for Financial Inclusion at Accion Blog. What does it take to successfully design, pilot, and scale an effective new financial product or service? Much more than most would realize! That’s why the Center for Financial Inclusion’s (CFI) recent behavioral insights workshop in Bogota, Colombia, had a clear focus: … Read more.
Oct 13, 2014 by ideas42
On a recent weekday morning, a group of entrepreneurs, teachers, computer programmers, and college administrators from all over the country assembled with behavioral experts from ideas42 in pursuit of a venerable mission: identifying a way to double three-year degree completion rates among U.S. community college students. This mission, earnestly accepted by all members of the … Read more.
Oct 6, 2014 by ideas42
ideas42 Joins with USAID and CGAP to Improve Financial Management for Microentrepreneurs in Developing Countries Project will scale-up pilots applying behavioral economics to create more customer-centric financial services Non-profit behavioral design firm ideas42 has been awarded over $1 million by USAID and CGAP to scale up an innovative new tool to help microentrepreneurs in developing countries … Read more.
Sep 17, 2014
It’s easy to agree that poverty is a problem, but explaining its causes and prescribing solutions is a far more difficult and complex task. What if children born into poverty could become as likely to succeed as their wealthier peers? What if intergenerational poverty were not an unavoidable and enduring evil, but entirely tractable? These … Read more.
Sep 10, 2014
A new evaluation of a project that ideas42 collaborated on points to the huge impact that low-cost, easy-to-implement interventions can have on the lives of some of the poorest and most vulnerable people in society. Using ideas42’s unique diagnosis and design methodology, the project aimed to increase the number of inmates in Texas prisons who … Read more.