Winners of the TFI short-term research grant 2018

Posted on December 14, 2018

Out of the 43 proposals submitted by researchers from various institutions across the world, 17 projects were selected as winners of the Think Forward Initiative’s call for short-term research proposals. We would like to congratulate the winners and thank all applicants for their submission.

The Think Forward Initiative (TFI) has the purpose of empowering people to make better financial decisions. An essential part that supports our mission is research. With valuable research, the TFI is better able to understand people’s needs and struggles related to their financial lives to offer new insights to improve their financial health.

The goal of the 2018 short-term research track is to provide insights and solutions to day-to-day money stress problems and future financial challenges. Insights should be actionable, implying that they 1) potentially lead to new endeavors by business or social innovators; 2) inspire behavioral change by consumers themselves to improve their financial well-being; or 3) promote interventions to help solving a problem for a group of people.

The insights generated by these 6-months research projects will particularly benefit financially vulnerable individuals (and individuals not empowered to face their financial future (identified as group 3 and group 2 respectively). The selected projects focus on tackling one of the research challenges: 1) earnings insecurity and volatility; 2) effective (digital) tools/technology to overcome financial problems; and 3) recognizing and coping with problematic debt.

After careful deliberation by the TFI research board and a representative of the innovation team of TFI, we are happy to announce the following 17 winners of the short-term research grant 2018:

Nudging consumers to take better financial decisions
by Robert Dur (Erasmus University Rotterdam); Max van Lent (Leiden University)

Effective financial education with Aequam+Do
by Catalina Estrada-Mejia (Universidad de los Andes); Maria Piedad Valero (Aequam)

Designing Robo-advisors as commitment devices
by Caterina Giannetti (University of Pisa); Davide Bacciu (University of Pisa); Paolo Crosetto (University of Pisa); Alexia Gaudeul (University of Göttingen)

Financial decisions and stress: an experiment
by Chrisa Gresset (EM Lyon Business School); Riccardo Calcagno (EM Lyon Business School); Brice Corgnet (EM Lyon Business School)

How households deal with house price shocks and what banks can do to improve households' decision making
by Max van Lent (Leiden University); Marike Knoef (Leiden University)

Improving investment decisions with experience
by Philip Newall (The University of Warwick); Leonardo Weiss-Cohen (City University London

Leveraging Behavioral Research to Enhance Financial Well-Being of Refugees: The Role of Stereotype Threat, Lay Theories, and Mindfulness
by Shashi Matta (Catholic University of Eichstätt-Ingolstadt); Jens Hogreve (Catholic University of Eichstätt-Ingolstadt)

Nudging for improved projections of future expenses and savings
by Dilek Önkal (Northumbria University), Wasim Ahmed (Northumbria University); Shari De Baets (Ghent University)

Financial literacy and attitudes to cryptocurrencies
by Georgios Panos (University of Glasgow); Tatja Karkkainen (University of Glasgow)

Financial Anxiety, Investment Decisions and the Scalability of Financial Advice
by Enrichetta Ravina (Kellogg School of Management, Northwestern University); Paola Sapienza (Kellogg School of Management, Northwestern University)

Addressing the challenge of problematic debt – A distinct comparison of Euro-zone countries and Australia
by Daniel Richards (RMIT University); Abdullahi Ahmed (RMIT University)

Experimenting with flexible payments in debt collection
by Gea Schonewille (Nibud); Minou van der Werf (Nibud); Gerrit van Eck (Flanderijn)

Where is “The Void?” Parameters for localised interventions for supporting financially disempowered in situations of reduced access to physical and digital financial services
by Andra Sonea (The University of Warwick); Weisi Guo (The University of Warwick); Stephen Jarvis (The University of Warwick); Faith Reynolds (Independent Consumer Expert)

Can adequate voluntary pension savings be incentivized with taxes if people are not fully rational?
by Joanna Tyrowicz (FAME|GRAPE); Krzysztof Makarski (FAME|GRAPE)

Reducing financial hardship by establishing contact: A tailored and personalized communication intervention to prevent problematic debt
by Felix Uhl (De Gedragsstudio); Marieke Fransen (University of Amsterdam); Claartje ter Hoeven (University of Amsterdam)

Cash Costs You: The Pain of Holding
by Jay Zenkic (The University of Melbourne); Nicole Mead (The University of Melbourne); Kobe Millet (Vrije Universiteit Amsterdam)

As able as you think? Mental health and delegation of financial decisions
by Olga Goldfayn-Frank (Goethe University Frankfurt am Main)

Congratulations to all the winners and success with your research!

We look forward to your valuable insights through which we can continue towards our mission of empowering people financially!

The TFI Research Board and the innovation team of TFI

Last edited: January 2019