Did Nobody Consider the Incentive Effects?

5 June 2007 at 11:42 am Leave a comment

| Peter Klein |

Heard on NPR this morning:

SEOUL (AP) — A South Korean bank is offering to help heartbroken soldiers dumped by girlfriends while away on mandatory military service by providing special interest rates for stilted troops.

Soldiers who can show letters or e-mail proving their break-up to a bank clerk can receive a new deposit plan with better rates and waived service fees.

Look for a new Korean country-and-western song, “My Baby Dumped Me for a Basis Point.”

Entry filed under: - Klein -, Ephemera.

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