We conduct and analyze two large surveys of hypothetical annuitization choices. We find that allowing individuals to annuitize a fraction…
The sweeping changes to the US military announced recently by Defense Secretary Chuck Hagel are the most public recognition yet of the…
America’s dysfunctional budget process has been mired in federal shutdowns and debt ceiling brinksmanship for the past several years. No…
After Iraq and Afghanistan, the US appetite for foreign interventions is about as low as it’s ever been. Many Americans are frustrated that…
Book abstract: The need to understand the theories and applications of economic and finance risk has been clear to everyone since the…
The plight of the Affordable Care Act Web site has focused attention on a problem that seldom receives it — the absence of good management…
The daunting complexity of important financial decisions can lead to
procrastination. We evaluate a low-cost intervention that…
Washington, D.C. is again in the grip of its long-running budgetary soap opera. Episode 1, “Fiscal Cliffs,” was followed shortly by “…