We conduct and analyze two large surveys of hypothetical annuitization choices. We find that allowing individuals to annuitize a fraction…
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 daunting complexity of important financial decisions can lead to
procrastination. We evaluate a low-cost intervention that…
Traditional decision theory distinguishes between risk and uncertainty. With risk, the probabilities of possible outcomes are known; with…
Objectives: To assess whether the addition of a peer testimonial to an informational mailing increases conversion rates from brand name…
The miscalculations in Iraq and Afghanistan hang in the air as we weigh up whether to attack Syria. Of course, no situation is ever quite…
Differences in ethical behavior between members of the
upper and lower classes have been at the center of civic debates in
recent years…