Temptation and Retirement Accounts: A Story of Time Inconsistency and Bounded Rationality
Research shows that American workers tend to under-save for retirement. Some studies attribute the under-saving to a lack of self-control and time inconsistent saving plans, while others use the bounded rationality of retirement account holders as an alternative explanation. In this paper we ran a...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Athens Institute for Education and Research
2020-07-01
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| Series: | Athens Journal of Business & Economics |
| Subjects: | |
| Online Access: | https://www.athensjournals.gr/business/2020-6-3-1-Salaghe.pdf |