Lightweight boxes were distributed to facilitate this activity among Philippine households in Ashraf, Karlan and Yin’s 2006 paper “Tying Odysseus to the mast,” which offered the first test of whether demand for commitment products for this activity is driven by hyperbolic discounting preferences. This is the first title activity of a ROSCA, which rotates through beneficiaries in examples like Latin American tandas and Indian chit funds. John Maynard Keynes illustrated a paradox surrounding this activity using Bernard Mandeville’s Fable of the Bees. High rates of this intertemporal activity by households in China have contributed to its “global glut.” For 10 points, (10[1])name this activity promoted by 401(k) plans in the United States, which defers consumption by not spending all of one’s income. ■END■