Olivia S. Mitchell and Stephen P. Utkus, Editors
This book explores the assumptions behind commonly-held theories of retirement decision-making, in order to draw out the consequences of frontier research in behavioral finance and economics for those interested in better design and structure of retirement pensions. The book will be of interest to pension plan participants and sponsors, financial service groups responsible for pensions, and retirement system regulators.
July 2004 · Oxford University Press · ISBN 0-19-927339-1
- Order online from Oxford University Press
- Table of Contents
- Chapter 1: Lessons from Behavioral Finance for Retirement Plan Design
Olivia S. Mitchell and Stephen P. Utkus - Chapter 2: Motivating Retirement Planning: Problems and Solutions
Gary W. Selnow - Chapter 3: Who’s Afraid of a Poor Old Age? Risk Perception in Risk Management Decisions
Elke U. Weber - Chapter 4: Behavioral Portfolios: Hope for Riches and Protection from Poverty
Meir Statman - Chapter 5: How Much Choice Is Too Much? Contributions to 401(k) Retirement Plans
Sheena Sethi-Iyengar, Gur Huberman, and Wei Jiang - Chapter 6: “Money Attitudes” and Retirement Plan Design: One Size Does Not Fit All
Donna M. MacFarland, Carolyn D. Marconi, and Stephen P. Utkus - Chapter 7: Employee Investment Decisions About Company Stock
James J. Choi, David Laibson, Brigitte Madrian, and Andrew Metrick - Chapter 8: Implications of Pension Plan Features, Information, and Social Interactions for Retirement Savings Decisions
Esther Duflo and Emmanuel Saez - Chapter 9: Saving and the Effectiveness of Financial Education
Annamaria Lusardi - Chapter 10: Sex Differences, Financial Education, and Retirement Goals
Robert L. Clark, Madeleine B. d’Ambrosio, Ann A. McDermed, and Kshama Sawant - Chapter 11: Retirement Security in a DC World: Using Behavioral Finance to Bridge The Expertise Gap
Jason Scott and Gregory Stein - Chapter 12: Adult Learning Principles and Pension Participant Behavior
Victor Saliterman and Barry G. Sheckley - Chapter 13: How Do Retirees Go From Stock to Flow?
John Ameriks - Chapter 14: Annuities and Retirement Well-Being
Constantijn W. A. Panis - Chapter 15: Perceptions of Mortality Risk: Implications for Annuities
Matthew Drinkwater and Eric T. Sondergeld - Index
