Heuristics and Biases in Retirement Savings Behavior

By Shlomo Benartzi, Richard H. Thaler. 2007

882 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, General Decision Sciences

View Paper: https://www.semanticscholar.org/paper/cfbba5cc337781d7f5e981c988370c722eb2bc17

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. A. Shleifer
2. Emir Kamenica
3. Simon Kaesler
4. Omar Isaac Asensio
5. Sheena Iyengar
6. Fabián Duarte
7. Benjamin Loos
8. Sendhil Mullainathan

In Economics and Econometrics

1. Joshua Schwartzstein
2. Florian Wagener
3. A. Shleifer
4. Omar Isaac Asensio
5. Magali A. Delmas
6. Sendhil Mullainathan
7. Emir Kamenica
8. Cars H. Hommes

In General Decision Sciences

1. Joshua Schwartzstein
2. A. Shleifer
3. Sendhil Mullainathan
4. Sheena Iyengar
5. Emir Kamenica
6. David Laibson
7. Simon Kaesler
8. Omar Isaac Asensio

Citations in the corpus

• The dynamics of behavior change: Evidence from energy conservation (2016, background): “Information framing has been used in a wide range of decision-making domains, including saving money for retirement (Benartzi and Thaler, 2007); paying for charity and performance (Gneezy and Rustichini, 2000); reducing poverty and improving access to financial institutions (Bertrand, Mullainathan, ”
• Is Unbiased Financial Advice to Retail Investors Sufficient? Answers from a Large Field Study (2012, background): “A promising start has been made by Benartzi and Thaler (2004, 2007) who, after taking behavioral factors into account, develop sophisticated savings plans.”
• Implications of behavioural economics for financial literacy and public policy (2012, background): “If the default option s not to participate in a savings plan, the vast majority will not, nd will therefore not choose to fill out the form to opt in (Thaler nd Sunstein, 2003; Benartzi and Thaler, 2007).”
• INCREASING SAVING BEHAVIOR THROUGH AGE-PROGRESSED RENDERINGS OF THE FUTURE SELF (2011, background): “Indeed, the decision of how much of a paycheck to allocate to a 401(k) is normally made once and is rarely revisited (Benartzi and Thaler 2007; Madrian and Shea 2001; Samuelson and Zeckhauser 1988).”
• Coarse Thinking and Persuasion (2008, background): “He can then either intervene prior to the individual’s observing x and send altered message ∈{ , }m a b not equal to x at cost ≥ 0c , or simply report =m x at zero cost.”
• Complex Evolutionary Systems in Behavioral Finance (2008, background): “Benartzi and Thaler (2007) have shown that heuristics and biases play a significant role in retirement savings decisions.”