Abstract
Abstract Uninsured risk is often cited to explain the lagging adoption of new agricultural technologies in low-income regions. However, insurance interventions suffer from poor take-up. We test whether bundling a new product–hermetic storage bags–with a warranty can serve as a viable alternative. We compare the warranty to a credit intervention and a control using an incentivized auction in rural Bangladesh. We find the warranty had no impact on demand. Providing the bags on credit significantly increased willingness-to-pay, and machine learning estimates indicate credit may have raised the demand for the most marginal farmers. Warranties failed to stimulate demand along any dimension.
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