Behavioral Economics and the Retirement Savings Crisis-Reference-Cited by-同舟云学术

Behavioral Economics and the Retirement Savings Crisis

Published:2013-03-08 Issue:6124 Volume:339 Page:1152-1153
ISSN:0036-8075
Container-title:Science
language:en
Short-container-title:Science

Author:

Benartzi Shlomo¹²,Thaler Richard H.³

Affiliation:

1. Professor and Cochair of the Behavioral Decision-Making Group, Anderson School of Management, University of California, Los Angeles, CA 90095, USA.

2. Chief Behavioral Economist, the Allianz Global Investors Center for Behavioral Finance, New York, NY 10019, USA.

3. Ralph and Dorothy Keller Distinguished Service Professor of Behavioral Science and Economics, University of Chicago Booth School of Business, Chicago, IL 60637, USA.

Abstract

Behavioral economics can be scaled up to have a major, positive impact on certain behaviors, such as retirement savings.

Publisher

American Association for the Advancement of Science (AAAS)

Subject

Multidisciplinary

Reference12 articles.

1. Munnell A. H., Webb A., Golub-Sass F. N., The national retirement risk index: An update (Center for Retirement Research at Boston College, Chestnut Hill, MA, 2012).

2. Munnell A. H., Fraenkel R. C., Hurwitz J., The pension coverage problem in the private sector: An update (Center for Retirement Research at Boston College, Chestnut Hill, MA, 2012).

3. Thaler R. H., Sunstein C. R., Nudge: Improving Decisions About Health, Wealth, and Happiness (Yale Univ. Press, New Haven, CT, 2008).

4. Public Pension Promises: How Big Are They and What Are They Worth?

5. Benartzi S., Lewin R., Save More Tomorrow: Practical Behavioral Finance Solutions to Improve 401(k) Plans (Penguin, New York, 2012).

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