Optimal Defaults
Optimal Defaults
About this item
Full title
Author / Creator
Publisher
Nashville: American Economic Association
Journal title
Language
English
Formats
Publication information
Publisher
Nashville: American Economic Association
Subjects
More information
Scope and Contents
Contents
The paper presents a model of 401(k) enrollment that includes four key components: costs of opting out of a default, an option value of waiting to incur those costs, procrastination, and heterogeneity in optimal savings rates. One should also consider other psychological and economic factors when picking socially optimal defaults. First, some emplo...
Alternative Titles
Full title
Optimal Defaults
Authors, Artists and Contributors
Author / Creator
Identifiers
Primary Identifiers
Record Identifier
TN_cdi_proquest_miscellaneous_38476259
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_miscellaneous_38476259
Other Identifiers
ISSN
0002-8282
E-ISSN
1944-7981
DOI
10.1257/000282803321947010
