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Last Published November 10, 2025 10:08 AM November 12, 2025 05:57 AM
Randomization Method Done in Excel by the bank Done in Excel by the bank (note: this pre-registration has been edited on 12/11 to reflect the fact that the bank told us that they are not able to send only one invitation per household as we initially planned but will instead invite all their clients)
Randomization Unit Individual, though the bank will make sure that only one individual per household receives an invitation Individual
Planned Number of Clusters Each individual person is a "cluster", we will send invitations to 30-50k clients of a German bank (we are currently unsure of the exact number that the bank will be able to send) Each individual person is a "cluster", we will send invitations to 80-100k clients of a German bank (we are currently unsure of the exact number that the bank will be able to send)
Planned Number of Observations 30,000 - 50,000 people 80,000 - 100,000 people
Sample size (or number of clusters) by treatment arms 6 treatment arms = about 5000-9000 people per invitation arm 6 treatment arms = about 14,000-17,000 people per invitation arm
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