Behavioral Impediments to Valuing Annuities: Evidence on the Effects of Complexity and Choice Bracketing
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https://www.nber.org/papers/w24101
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资源简介：
This paper examines two behavioral factors that diminish peoples ability to value a lifetime income stream or annuity, drawing on a survey of about 4,000 adults in a U.S. nationally representative sample. By experimentally varying the degree of complexity, we provide the first causal evidence that
提供机构：
美国国家经济研究局
创建时间：
2017-12-01
