Nudges and signposts: The effect of smart defaults and pictographic risk information on retirement saving investment choices

Volume: 32, Issue: 4, Pages: 431 - 449
Published: Mar 12, 2019
Abstract
The authors tested two interventions to improve retirement savings investment decisions. In an incentive-compatible experiment, 459 participants engaged in a task simulating their working life. Periodically during the simulation, participants chose between different investment options. The authors examined the effectiveness of a nudge by manipulating the default option and the effectiveness of a signpost by manipulating the display of a...
Paper Details
Title
Nudges and signposts: The effect of smart defaults and pictographic risk information on retirement saving investment choices
Published Date
Mar 12, 2019
Volume
32
Issue
4
Pages
431 - 449
Citation AnalysisPro
  • Scinapse’s Top 10 Citation Journals & Affiliations graph reveals the quality and authenticity of citations received by a paper.
  • Discover whether citations have been inflated due to self-citations, or if citations include institutional bias.