Benefits for older Americans — especially through Social Security and Medicare — account for the largest part of federal spending today and…
Gender bias in the evaluation of job candidates has been demonstrated in business, government, and academia, yet little is known about how…
We study approximately 5.0 million stock picks submitted by individual users to the “CAPS” website run by the Motley Fool company (www.caps…
/publications/self-control-and-commitment-can-decreasing-liquidity-savings-account-increase-deposits
If individuals have self-control problems, they may take up commitment
contracts that restrict their spending. We experimentally…
We analyze a T-period, bilateral matching economy without monetary transfers.
Under natural restrictions on agents’ preferences, which…
We examine a dynamic, multi-period, bilateral matching market, such as a labor market where workers are long-lived and production occurs…
The US Food and Drug Administration (FDA) balances risks and benefits before approving pharmaceuticals. But powerful behavioral biases that…
Once treated as the absence of knowledge, ignorance today has become a highly influential topic in its own right, commanding growing…
What is the socially optimal level of liquidity in a retirement savings system?
Liquid retirement savings are desirable because liquidity…
We compare the liquidity that six developed countries have built into their employer-based defined contribution (DC) retirement schemes. In…