How Much is Investor Autonomy Worth

By Shlomo Benartzi, Richard H. Thaler. 2002

321 citations recorded by the source corpus.

Subfields: Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/f83174ee4a94eccb6a1d556089d5334dec289d6f

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Citations in the corpus

Risk-return preferences in the pension domain: are people able to choose? (2007, unknown): “The preferred percentage of stock by the respondents in our sample is below that typically found in US DC schemes where participants choose the composition of their retirement savings portfolio (Benartzi and Thaler, 2002).”
Design Choices in Privatized Social-Security Systems: Learning from the Swedish Experience (2004, background): “For example, Shlomo Benartzi and Thaler (2002) asked participants in a retirement plan to compare the projected distribution of returns from three alternative portfolios, one of which, unbeknownst to the subjects, was their own portfolio.”
Great Expectations?! Assortment Size, Expectations, and Satisfaction (2010, background): “They may not even subjectively perceive options to be better when options come from a larger rather than a smaller assortment (Benartzi and Thaler 2002).”
Choice proliferation, simplicity seeking, and asset allocation ☆ (2010, background): “…options, Benartzi and Thaler (2001) and Brown et al. (2007) argue that the menu of funds offered has a strong effect on portfolio choices, and Benartzi and Thaler (2002) demonstrate that a particular presentation of investment portfolios leads employees to prefer the median portfolio in…”
Consumer Control and Empowerment: A Primer (2002, background): “For example, a recent study by Benartzi and Thaler (2001) showed that investors preferred the portfolio selected by a professional investment manager to the portfolio they selected themselves, when comparing the implied distribution of outcomes.”
The Mere Categorization Effect: How the Presence of Categories Increases Choosers' Perceptions of Assortment Variety (2008, background): “…to purchase because of consumers’ limited cognitive ability to process the large amount of information that accompanies extensive choice sets (Benartzi and Thaler 2002; Chernev 2003a, 2003b; Iyengar and Lepper 2000; Iyengar, Wells, and Schwartz 2006; Miller 1956; Schneider 1998; Schwartz…”