• Contact Us
  • Subscribe
  • Newsletter
  • Log In
  • Facebook
  • Twitter
  • -Video Newsletter
  • Linkedin
Go to...
    Pension Policy International Pension Policy International
    • HOME
    • ABOUT US
      • Meet the Team
      • Editorial Board
    • NEWS
    • ARTICLES
      • Regulation
      • Labor Market
      • Investing
      • System Sustainability
      • Pension Design
      • Corporate Governance
      • Adequacy
    • Op-Ed
      • PPI’s original Op-Eds
    • BOOKS
    • STORE
    • CONTACT US
    • Facebook
    • tw
    • Video Newsletter
    • Linkedin
    • English
    • Español
    Go to...
      Home»Articles » Why Do Defaults Affect Behavior? Experimental Evidence from Afghanistan

      Why Do Defaults Affect Behavior? Experimental Evidence from Afghanistan

      PensionPolicyIntl
      April 16, 2018
      Articles, Labor Market, Savings
      0 Comments
      Views : 52
      0

      By Joshua Blumenstock, Michael Callen, Tarek Ghani

      We report on an experiment examining why default options impact behavior. By randomly assigning employees to different varieties of a salary-linked savings account, we find that default enrollment increases participation by 40 percentage points—an effect equivalent to providing a 50% matching incentive. We then use a series of experimental interventions to differentiate between explanations for the default effect, which we conclude is driven largely by present-biased preferences and the cognitive cost of thinking through different savings scenarios. Default assignment also changes employees’ attitudes toward saving, and makes them more likely to actively decide to save after the study concludes.

      Sign In To Continue Reading. Click Here to Subscribe

      Tags : 2018, Aging, Behavior
      Share :
      • Facebook
      • Twitter
      • Google+
      • Linkedin
      • Email

      Related Posts

      • Articles, Investing April 25, 2018

        Do pension participants want the freedom to choose or the freedom to snooze?

        Do pension participants want the freedom to choose or the freedom to snooze?
        Articles, Labor Market April 23, 2018

        Do People Really Want Freedom of Choice? Assessing Preferences of Pension Fund Participants

        Do People Really Want Freedom of Choice? Assessing Preferences of Pension Fund Participants
        Books, Labor Market April 23, 2018

        Free to Choose: A Personal Statement

        Free to Choose: A Personal Statement
      • Investing, Labor Market April 23, 2018

        Implications of Behavioural Economics for Mandatory Individual Account Pension Systems

        Implications of Behavioural Economics for Mandatory Individual Account Pension Systems
        Savings April 23, 2018

        Active vs. Passive Decisions and Crowdout in Retirement Savings Accounts: Evidence from Denmark

        Active vs. Passive Decisions and Crowdout in Retirement Savings Accounts: Evidence from Denmark
        Books, Labor Market April 23, 2018

        Financializing Poverty: Labor and Risk in Indian Microfinance

        Financializing Poverty: Labor and Risk in Indian Microfinance


      RECOMMENDED READING
      Free to Choose: A Personal Statement Financializing Poverty: Labor and Risk in Indian Microfinance Healthy Ageing: A Capability Approach to Inclusive Policy and Practice Pension Reform in Latin America and Its Lessons for International Policymakers Political Preferences and the Aging of Populations: Political-economy Explanations of Pension Reform Pensions: Backgrounds, Trends and Issues English Pension Schemes ACT 2017 When I’m Sixty-four: The Plot Against Pensions and the Plan to Save Them Gender and Social Security Reform: What’s Fair for Women? The High Cost of Good Intentions: A History of U.S. Federal Entitlement Programs Rescuing Retirement Social Security, Medicare and Government Pensions: Get the Most Out of Your Retirement and Medical Benefits

      Subscribe to our mailing list

      * indicates required

      Latest Tweets

      • @PensionPolIntl Profuturo AFP: Esta será su estrategia para seguir creciendo #PensionesPe #Profuturo #crecimiento… https://t.co/wT1ngjtvE8
        about 11 hours ago
      • @PensionPolIntl Optimización del Fondo de Garantía de Pensión Mínima #PensionesCo #Colpensiones #FondoDeGarantía… https://t.co/bD5Kker8ox
        about 12 hours ago
      • @PensionPolIntl SI SE CANCELA AEROPUERTO, EL IMPACTO EN PENSIONES SERÍA MÍNIMO, DICE LA AMAFORE #PensionesMx #Afores @Amafore_mx… https://t.co/KYlVmFVzUp
        about 13 hours ago
      • @PensionPolIntl Discover why Australia, Canada, Denmark, Germany and Switzerland have the most sustainable pension systems… https://t.co/RydOBH2VBg
        about 17 hours ago
      • @PensionPolIntl UN supports Nigeria’s ageing policy #PensionsNg #Aging @UN https://t.co/hfwPNKbo6I https://t.co/pHA8sLxrPi
        about 18 hours ago

      Recent Posts

      • Do pension participants want the freedom to choose or the freedom to snooze?
      • Blockchain Voting App Developed By Kas Bank
      • Malaysian pension fund to review investment strategy
      • Top 5 most sustainable pension systems worldwide
      • UN supports Nigeria’s ageing policy

      Categories

      Latest Tweets

      • @PensionPolIntl Profuturo AFP: Esta será su estrategia para seguir creciendo #PensionesPe #Profuturo #crecimiento… https://t.co/wT1ngjtvE8
        about 11 hours ago
      • @PensionPolIntl Optimización del Fondo de Garantía de Pensión Mínima #PensionesCo #Colpensiones #FondoDeGarantía… https://t.co/bD5Kker8ox
        about 12 hours ago
      • @PensionPolIntl SI SE CANCELA AEROPUERTO, EL IMPACTO EN PENSIONES SERÍA MÍNIMO, DICE LA AMAFORE #PensionesMx #Afores @Amafore_mx… https://t.co/KYlVmFVzUp
        about 13 hours ago

      Sign in

      • Lost Password
      © Copyright 2017 WE ACCEPT PAYMENTS WITH OPENPAY