Defined contribution (DC) pension plans are an increasingly important means of financing
retirement consumption. Because individuals often have substantial discretion over how …

Including a matching contribution increases savings plan participation and contributions,
although the impact is less significant than the impact of nonfinancial approaches …

We address the puzzle of incomplete take) up with a unique field experiment in collaboration
with the IRS. Specifically, we test the role of program information (re) garding benefits, costs …

Consumers often find it hard to make correct value comparisons between market
alternatives. Part of this choice complexity is the result of deliberate obfuscation by firms …

This article identifies the constructs that influence an individual's intention to save for
retirement and discusses how and when these factors can be changed by an agent trying to …

Long-term savings and investments (LTSI) by individuals enhances their financial security
while also supporting growth and financial development. Evidence shows that financial …

In countries, where a substantial proportion of retirement income rests on savings, there is
much concern that a sizeable fraction of the population reaches retirement with insufficient …

Untapped energy savings potential in the residential sector might lead to substantial welfare
losses. While several studies have focused on the role of behavioral biases in explaining the …

Key findings in behavioral economics are that people's behavior (revealed preferences) is
often not in line with their intentions (normative preferences), that they are sensitive to the …

Defaults, in the form of prepopulated fields within the tax form, have been identified as
potential mechanisms that tax authorities can use to reduce noncompliance. They achieve …