Erik Wengström
Studierektor forskarutbildningen, Nationalekonomiska institutionen, Professor
Put a bet on it : Can self-funded commitment contracts curb fitness procrastination?
Författare
Summary, in English
We investigate the use of a highly scalable intervention to help individuals achieve their physical activity goals: self-funded commitment contracts. Using a randomised experiment, we compare the effect of soft (non-incentivised) and hard (incentivised) contracts among 1629 members of a gym in Stockholm, Sweden. We find a significant positive impact of being offered a hard contract on monthly visits to the gym and the probability of meeting one's contract goal. Relative to the control group, being offered a hard contract significantly increases gym visits by 21%, while being offered a soft contract leads to an 8% increase.
Avdelning/ar
- Nationalekonomiska institutionen
- LU profilområde: Proaktivt åldrande
- Centrum för ekonomisk demografi
- Hälsoekonomi
- EpiHealth: Epidemiology for Health
Publiceringsår
2024-12
Språk
Engelska
Publikation/Tidskrift/Serie
Journal of Health Economics
Volym
98
Länkar
Dokumenttyp
Artikel i tidskrift
Förlag
Elsevier
Ämne
- Health Sciences
Nyckelord
- Commitment contract
- Gym attendance
- Incentives
- Self-control
Aktiv
Published
Forskningsgrupp
- Health Economics
ISBN/ISSN/Övrigt
- ISSN: 0167-6296