In this article we review the literature on financial literacy, financial education, and consumer financial outcomes. We consider how…
We study whether prompts to form and recall a plan can increase individuals’
responsiveness to reminders to make and attend beneficial…
Please see RWP13-004 for the latest version of this working paper.
Individuals tend toward status quo bias: preferring existing options over new ones. There is a countervailing phenomenon: humans naturally…
The daunting complexity of important financial decisions can lead to procrastination. We evaluate a low-cost intervention that…
We examine a new intervention to overcome gender biases in hiring, promotion, and job assignments: an “evaluation nudge,” in which people…
Gasoline taxes can be employed to correct externalities associated with automobile use, to reduce dependency on foreign oil, and to raise…