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Decision-Making Approaches and the Propensity to Default: Evidence and Implications

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NBER2015-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w20949
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This paper examines heterogeneity in the responsiveness to default options in a large state retirement plan, focusing on individuals decision-making approaches as well as their economic and demographic characteristics. Using a survey of plan participants, we find that procrastination and the need
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2015-02-01
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