David Laibson

Harvard University - Department of Economics

Robert I. Goldman Professor of Economics

Littauer Center

Room M-14

Cambridge, MA 02138

United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

75

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in Total Papers Downloads

29,222

SSRN CITATIONS
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Top 188

in Total Papers Citations

2,879

CROSSREF CITATIONS

2,314

Scholarly Papers (75)

The Age of Reason: Financial Decisions over the Life-Cycle with Implications for Regulation

Number of pages: 76 Posted: 29 Mar 2008 Last Revised: 22 Oct 2009
National University of Singapore, Board of Governors of the Federal Reserve System, Harvard University - Department of Economics and Harvard University - Department of Economics
Downloads 6,248 (2,402)
Citation 59

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Household finance, aging, financial sophistication, shrouding, credit cards, fees, mortgages, regulation

The Age of Reason: Financial Decisions Over the Lifecycle

NYU Working Paper No. FIN-07-005
Number of pages: 51 Posted: 03 Nov 2008
National University of Singapore, Board of Governors of the Federal Reserve System, Harvard University - Department of Economics and Harvard University - Department of Economics
Downloads 188 (306,041)

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Household finance, behavioral finance, behavioral industrial organization, aging, shrouding, auto loans, credit cards, fees, home equity, home equity

The Age of Reason: Financial Decisions Over the Lifecycle

NBER Working Paper No. w13191
Number of pages: 51 Posted: 03 Jul 2007 Last Revised: 18 Jul 2022
National University of Singapore, Board of Governors of the Federal Reserve System, Harvard University - Department of Economics and Harvard University - Department of Economics
Downloads 81 (584,767)
Citation 3

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Shrouded Attributes, Consumer Myopia, and Information Suppression in Competitive Markets

MIT Department of Economics Working Paper No. 05-18
Number of pages: 37 Posted: 24 May 2005
Xavier Gabaix and David Laibson
Harvard University - Department of Economics and Harvard University - Department of Economics
Downloads 2,529 (10,696)
Citation 20

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behavioral economics, bounded rationality, consumer protection, information

Shrouded Attributes, Consumer Myopia, and Information Suppression in Competitive Markets

NBER Working Paper No. w11755
Number of pages: 37 Posted: 06 Feb 2006 Last Revised: 15 Aug 2022
Xavier Gabaix and David Laibson
Harvard University - Department of Economics and Harvard University - Department of Economics
Downloads 104 (495,943)
Citation 223

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3.

A Mega-Study of Text-Based Nudges Encouraging Patients to Get Vaccinated at an Upcoming Doctor’s Appointment

Rotman School of Management Working Paper No. 3780267, Columbia Business School Research Paper Forthcoming
Number of pages: 75 Posted: 19 Feb 2021 Last Revised: 05 May 2021
University of Pennsylvania - The Wharton School, University of Pennsylvania - Perelman School of Medicine, Department of Medicine, University of Pennsylvania, University of Pennsylvania, University of Pennsylvania, University of Pennsylvania - Operations & Information Management Department, University of Pennsylvania, University of Pennsylvania, Columbia University - Columbia Business School, Management, Harvard University - Business School (HBS), Olin Business School, Washington University in St. Louis, University of Pennsylvania, Geisinger Health System, Rutgers, The State University of New Jersey, Yale School of Management, University of California, Los Angeles (UCLA) - Anderson School of Management, University of California, Los Angeles (UCLA) - Anderson School of Management, Geisinger Health System, University of Toronto - Faculty of Kinesiology and Physical Education, University of Pennsylvania - The Wharton School, Harvard University - Business School (HBS), Northwestern University, University of Toronto, Harvard University - Department of Economics, University of Pennsylvania - Marketing Department, Brigham Young University Marriott School of Business, Geisinger Health System - Bioethics Research, Columbia University, Harvard Business School, Harvard University - Harvard Kennedy School (HKS), University of Toronto - Rotman School of Management, Carnegie Mellon University, Department of Social and Decision Sciences, Geisinger Health System, University of Toronto - Behavioural Economics in Action at Rotman (BEAR), University of California, Los Angeles (UCLA), University of Arizona, University of California, Los Angeles (UCLA), University of Pennsylvania - The Wharton School, University of Pennsylvania - Perelman School of Medicine, University of Pennsylvania - Perelman School of Medicine, University of Hawaii at West O'ahu, University of Pennsylvania - Marketing Department, University of Pennsylvania - Perelman School of Medicine, Department of Medicine and University of Pennsylvania - Department of Psychology
Downloads 2,361 (12,172)
Citation 30

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vaccination, COVID-19, nudge, influenza, field experiment

4.
Downloads 1,971 (16,187)
Citation 14

Learning in the Credit Card Market

Number of pages: 44 Posted: 06 Apr 2008 Last Revised: 26 Apr 2013
National University of Singapore, Board of Governors of the Federal Reserve System, Harvard University - Department of Economics and Harvard University - Department of Economics
Downloads 1,781 (18,679)
Citation 11

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household finance, consumer finance, credit cards, feedback, learning, learning-by-doing, recency

Learning in the Credit Card Market

NBER Working Paper No. w13822
Number of pages: 37 Posted: 15 Feb 2008 Last Revised: 09 Oct 2022
National University of Singapore, Board of Governors of the Federal Reserve System, Harvard University - Department of Economics and Harvard University - Department of Economics
Downloads 190 (303,100)

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5.
Downloads 1,718 (20,109)
Citation 69

The Economic Approach to Social Capital

Number of pages: 41 Posted: 15 Mar 2001
Edward L. Glaeser, David Laibson and Bruce Sacerdote
Harvard University - Department of Economics, Harvard University - Department of Economics and Dartmouth College - Department of Economics
Downloads 1,553 (23,072)
Citation 52

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The Economic Approach to Social Capital

NBER Working Paper No. w7728
Number of pages: 40 Posted: 12 Jun 2000 Last Revised: 13 Feb 2022
Edward L. Glaeser, David Laibson and Bruce Sacerdote
Harvard University - Department of Economics, Harvard University - Department of Economics and Dartmouth College - Department of Economics
Downloads 165 (343,978)

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6.
Downloads 1,434 (26,440)
Citation 60

Optimal Mortgage Refinancing: A Closed Form Solution

Journal of Money, Credit, and Banking, Forthcoming
Number of pages: 46 Posted: 31 Aug 2007 Last Revised: 07 May 2013
Sumit Agarwal, John C. Driscoll and David Laibson
National University of Singapore, Board of Governors of the Federal Reserve System and Harvard University - Department of Economics
Downloads 1,369 (27,810)
Citation 3

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Mortgage, refinance, option value, normative economics

Optimal Mortgage Refinancing: A Closed Form Solution

NBER Working Paper No. w13487
Number of pages: 41 Posted: 15 Oct 2007 Last Revised: 09 Nov 2022
Sumit Agarwal, John C. Driscoll and David Laibson
National University of Singapore, Board of Governors of the Federal Reserve System and Harvard University - Department of Economics
Downloads 65 (662,578)
Citation 16

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7.

The Allocation of Attention: Theory and Evidence

MIT Department of Economics Working Paper No. 03-31
Number of pages: 45 Posted: 16 Sep 2003
Harvard University - Department of Economics, Harvard University - Department of Economics, University of Chicago - Department of Economics and Harvard University
Downloads 1,415 (26,980)
Citation 28

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attention, satisficing, Mouselab, bounded rationality, behavioral economics, experimental economics, cognitive modeling

Does the Internet Increase Trading? Evidence from Investor Behavior in 401(K) Plans

Number of pages: 47 Posted: 20 Sep 2000
James J. Choi, David Laibson and Andrew Metrick
Yale School of Management, Harvard University - Department of Economics and Yale School of Management
Downloads 534 (100,225)
Citation 37

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Does the Internet Increase Trading? Evidence from Investor Behavior in 401(K) Plans

NBER Working Paper No. w7878
Number of pages: 47 Posted: 01 Sep 2000 Last Revised: 13 Jul 2022
James J. Choi, David Laibson and Andrew Metrick
Yale School of Management, Harvard University - Department of Economics and Yale School of Management
Downloads 181 (316,680)

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9.

Reinforcement Learning and Savings Behavior

Yale ICF Working Paper No. 09-01, Journal of Finance, Forthcoming
Number of pages: 33 Posted: 16 Sep 2007
Yale School of Management, Harvard University - Department of Economics, Brigham Young University Marriott School of Business and Yale School of Management
Downloads 563 (94,900)
Citation 23

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Downloads 551 (97,537)
Citation 56

The 6d Bias and the Equity Premium Puzzle

Harvard Institute of Economic Research Paper No. 1947; MIT Department of Economics Working Paper No. 02-01
Number of pages: 47 Posted: 17 Jan 2002
Xavier Gabaix and David Laibson
Harvard University - Department of Economics and Harvard University - Department of Economics
Downloads 551 (96,407)
Citation 56

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6D, bounded rationality, decision costs, delayed adjustment, equity premium puzzle

The 6d Bias and the Equity Premium Puzzle

Posted: 08 Feb 2002
Xavier Gabaix and David Laibson
Harvard University - Department of Economics and Harvard University - Department of Economics

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6D, bounded rationality, decision costs, delayed adjustment, equity premium puzzle

11.

The Implications of Hyperbolic Discounting for Project Evaluation

Number of pages: 12 Posted: 20 Apr 2016
Maureen Cropper and David Laibson
University of Maryland - Department of Economics and Harvard University - Department of Economics
Downloads 506 (108,278)
Citation 1

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Why Does the Law of One Price Fail? An Experiment on Index Mutual Funds

Yale ICF Working Paper No. 08-14
Number of pages: 48 Posted: 25 Apr 2008
James J. Choi, David Laibson and Brigitte C. Madrian
Yale School of Management, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 390 (145,576)
Citation 19

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mutual funds, S&P, index funds, fund portfolios

Why Does the Law of One Price Fail? An Experiment on Index Mutual Funds

NBER Working Paper No. w12261
Number of pages: 47 Posted: 17 Jul 2006 Last Revised: 30 May 2022
James J. Choi, David Laibson and Brigitte C. Madrian
Yale School of Management, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 74 (616,658)

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13.

Behavioral Household Finance

NBER Working Paper No. w24854
Number of pages: 117 Posted: 01 Aug 2018 Last Revised: 31 May 2023
Harvard University - Business School (HBS), Yale School of Management, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 429 (131,692)
Citation 5

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14.
Downloads 406 (140,305)
Citation 74

How are Preferences Revealed?

Yale ICF Working Paper No. 08-15
Number of pages: 23 Posted: 25 Apr 2008
Harvard University - Business School (HBS), Yale School of Management, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 333 (173,353)
Citation 6

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preferences, normative preferences, revealed preferences, consumer behavior

How are Preferences Revealed?

NBER Working Paper No. w13976
Number of pages: 22 Posted: 12 May 2008 Last Revised: 10 Sep 2022
Harvard University - Business School (HBS), Yale School of Management, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 73 (621,515)
Citation 30

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The Flypaper Effect in Individual Investor Asset Allocation

Yale ICF Working Paper No. 08-06
Number of pages: 42 Posted: 25 Jan 2008
James J. Choi, David Laibson and Brigitte C. Madrian
Yale School of Management, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 261 (223,650)

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asset allocation, 401(k), employee contributions

Mental Accounting in Portfolio Choice: Evidence from a Flypaper Effect

NBER Working Paper No. w13656
Number of pages: 32 Posted: 30 Nov 2007 Last Revised: 26 Oct 2022
James J. Choi, David Laibson and Brigitte C. Madrian
Yale School of Management, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 129 (420,835)
Citation 13

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How Does Simplified Disclosure Affect Individuals' Mutual Fund Choices?

HKS Working Paper No. RWP09_16, Yale ICF Working Paper No. 09-05
Number of pages: 27 Posted: 08 May 2009 Last Revised: 24 Jun 2009
Harvard University - Business School (HBS), Yale School of Management, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 267 (218,608)
Citation 9

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How Does Simplified Disclosure Affect Individuals' Mutual Fund Choices?

NBER Working Paper No. w14859
Number of pages: 27 Posted: 13 Apr 2009 Last Revised: 08 Aug 2022
Harvard University - Business School (HBS), Yale School of Management, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 86 (563,443)

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17.
Downloads 327 (178,656)
Citation 43

Plan Design and 401(K) Savings Outcomes

NBER Working Paper No. w10486
Number of pages: 38 Posted: 26 May 2004 Last Revised: 28 Aug 2022
James J. Choi, David Laibson and Brigitte C. Madrian
Yale School of Management, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 189 (306,041)
Citation 15

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Plan Design and 401(K) Savings Outcomes

Boettner Working Paper No. BWP2004-4
Number of pages: 47 Posted: 22 Jun 2004
James J. Choi, David Laibson and Brigitte C. Madrian
Yale School of Management, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 138 (398,887)
Citation 16

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18.
Downloads 323 (180,411)
Citation 17

Employees' Investment Decisions About Company Stock

Rodney L. White Center for Financial Research Working Paper No. 10-04
Number of pages: 30 Posted: 08 Jul 2004
Yale School of Management, Harvard University - Department of Economics, Brigham Young University Marriott School of Business and Yale School of Management
Downloads 208 (278,683)
Citation 2

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Employees' Investment Decisions About Company Stock

NBER Working Paper No. w10228
Number of pages: 29 Posted: 23 Jan 2004 Last Revised: 14 Dec 2022
Yale School of Management, Harvard University - Department of Economics, Brigham Young University Marriott School of Business and Yale School of Management
Downloads 115 (459,976)

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$100 Bills on the Sidewalk: Suboptimal Investment in 401(K) Plans

Yale ICF Working Paper No. 08-05
Number of pages: 44 Posted: 16 Jan 2008
James J. Choi, David Laibson and Brigitte C. Madrian
Yale School of Management, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 246 (237,186)
Citation 65

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suboptimal investment, 401(k) plans, household investment, arbitrage

$100 Bills on the Sidewalk: Suboptimal Investment in 401(K) Plans

NBER Working Paper No. w11554
Number of pages: 42 Posted: 27 Sep 2005 Last Revised: 29 Jul 2022
James J. Choi, David Laibson and Brigitte C. Madrian
Yale School of Management, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 66 (657,204)
Citation 1

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20.
Downloads 307 (190,326)
Citation 41

Simplification and Saving

Yale ICF Working Paper No. 08-07
Number of pages: 23 Posted: 25 Jan 2008
Harvard University - Business School (HBS), Yale School of Management, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 241 (242,136)

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retirement savings, asset allocation, 401(k)

Simplification and Saving

NBER Working Paper No. w12659
Number of pages: 35 Posted: 20 Nov 2006 Last Revised: 05 Aug 2022
Harvard University - Business School (HBS), Yale School of Management, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 66 (657,204)
Citation 12

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21.
Downloads 304 (192,392)
Citation 1

Consumption-Wealth Comovement of the Wrong Sign

Number of pages: 31 Posted: 16 Apr 2004
Yale School of Management, Harvard University - Department of Economics, Brigham Young University Marriott School of Business and Yale School of Management
Downloads 233 (250,228)
Citation 1

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Savings, wealth shocks, retirement

Consumption-Wealth Comovement of the Wrong Sign

NBER Working Paper No. w10454
Number of pages: 31 Posted: 14 Aug 2012 Last Revised: 27 Jul 2022
Yale School of Management, Harvard University - Department of Economics, Brigham Young University Marriott School of Business and Yale School of Management
Downloads 71 (631,419)

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Defined Contribution Pensions: Plan Rules, Participant Decisions, and the Path of Least Resistance

NBER Working Paper No. w8655
Number of pages: 56 Posted: 15 Dec 2001 Last Revised: 27 Aug 2022
Yale School of Management, Harvard University - Department of Economics, Brigham Young University Marriott School of Business and Yale School of Management
Downloads 292 (200,618)
Citation 66

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What is Social Capital? the Determinants of Trust and Trustworthiness

NBER Working Paper No. w7216
Number of pages: 62 Posted: 10 Jan 2000 Last Revised: 21 Sep 2022
Harvard University - Department of Economics, Harvard University - Department of Economics, Columbia University and Harvard University - Department of Psychology
Downloads 282 (206,759)
Citation 1

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What is Social Capital? The Determinants of Trust and Trustworthiness

Posted: 26 Jul 2000
Harvard University - Department of Economics, Harvard University - Department of Economics, Columbia University and Harvard University - Department of Psychology

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Equalizing Superstars: The Internet and the Democratization of Education

MIT Department of Economics Working Paper No. 14-03
Number of pages: 11 Posted: 22 Jan 2014
Daron Acemoglu, David Laibson and John A. List
Massachusetts Institute of Technology (MIT) - Department of Economics, Harvard University - Department of Economics and University of Chicago - Department of Economics
Downloads 179 (319,883)
Citation 8

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computers, education, inequality, Internet, non-rival technologies, online education, superstars

Equalizing Superstars: The Internet and the Democratization of Education

NBER Working Paper No. w19851
Number of pages: 11 Posted: 03 Mar 2014 Last Revised: 30 Mar 2023
Daron Acemoglu, David Laibson and John A. List
Massachusetts Institute of Technology (MIT) - Department of Economics, Harvard University - Department of Economics and University of Chicago - Department of Economics
Downloads 71 (631,419)

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25.

For Better or for Worse: Default Effects and 401(K) Savings Behavior

NBER Working Paper No. w8651
Number of pages: 49 Posted: 14 Dec 2001 Last Revised: 22 Aug 2022
Yale School of Management, Harvard University - Department of Economics, Brigham Young University Marriott School of Business and Yale School of Management
Downloads 222 (263,224)
Citation 57

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Optimal Defaults and Active Decisions

NBER Working Paper No. w11074
Number of pages: 59 Posted: 18 Feb 2005 Last Revised: 06 Oct 2022
Massachusetts Institute of Technology (MIT), Yale School of Management, Harvard University - Department of Economics, Brigham Young University Marriott School of Business and Yale School of Management
Downloads 217 (268,849)
Citation 113

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Behavioral Economics Perspectives on Public Sector Pension Plans

HKS Working Paper No. RWP11-013
Number of pages: 47 Posted: 15 Mar 2011
Harvard University - Business School (HBS), Yale School of Management, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 115 (459,976)
Citation 10

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Behavioral Economics Perspectives on Public Sector Pension Plans

NBER Working Paper No. w16728
Number of pages: 46 Posted: 31 Jan 2011 Last Revised: 18 Mar 2023
Harvard University - Business School (HBS), Yale School of Management, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 91 (543,278)
Citation 3

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28.

Does Front-Loading Taxation Increase Savings? Evidence from Roth 401(K) Introductions

NBER Working Paper No. w20738
Number of pages: 44 Posted: 15 Dec 2014 Last Revised: 02 Mar 2023
Harvard University - Business School (HBS), Yale School of Management, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 200 (289,887)
Citation 6

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Controlling for the Compromise Effect Debiases Estimates of Risk Preference Parameters

Number of pages: 121 Posted: 05 Dec 2015 Last Revised: 20 Oct 2020
Interdisciplinary Center for Economic Science and Department of Economics, George Mason University., Anderson School of Management, Harvard University - Department of Economics and Harvard University - Department of Psychology
Downloads 144 (385,452)
Citation 1

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compromise effect, cumulative prospect theory, loss aversion, risk preferences

Controlling for the Compromise Effect Debiases Estimates of Risk Preference Parameters

NBER Working Paper No. w21792
Number of pages: 121 Posted: 14 Dec 2015 Last Revised: 19 Jul 2023
Interdisciplinary Center for Economic Science and Department of Economics, George Mason University., Anderson School of Management, Harvard University - Department of Psychology and Harvard University - Department of Economics
Downloads 31 (901,833)
Citation 15

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A Debt Puzzle

NBER Working Paper No. w7879
Number of pages: 71 Posted: 01 Sep 2000 Last Revised: 14 Jul 2022
David Laibson, Andrea Repetto and Jeremy Tobacman
Harvard University - Department of Economics, University of Chile - Engineering Department and Alfred Lerner College of Business and Economics, University of Delaware
Downloads 161 (351,367)
Citation 3

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The Effect of Providing Peer Information on Retirement Savings Decisions

Journal of Finance, Forthcoming
Number of pages: 54 Posted: 30 Aug 2014
Harvard University - Business School (HBS), Yale School of Management, Harvard University - Department of Economics, Brigham Young University Marriott School of Business and University of Pennsylvania - The Wharton School
Downloads 102 (502,975)
Citation 1

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The Effect of Providing Peer Information on Retirement Savings Decisions

NBER Working Paper No. w17345
Number of pages: 56 Posted: 29 Aug 2011 Last Revised: 25 May 2023
Harvard University - Business School (HBS), Yale School of Management, Harvard University - Department of Economics, Brigham Young University Marriott School of Business and University of Pennsylvania - The Wharton School
Downloads 57 (707,893)
Citation 43

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Hyperbolic Discount Functions, Undersaving, and Savings Policy

NBER Working Paper No. w5635
Number of pages: 51 Posted: 06 Sep 2000 Last Revised: 29 Nov 2022
David Laibson
Harvard University - Department of Economics
Downloads 159 (355,023)
Citation 4

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Following Through on Good Intentions: The Power of Planning Prompts

HKS Working Paper No. 12-024
Number of pages: 24 Posted: 30 Mar 2012 Last Revised: 19 Jun 2012
University of Pennsylvania - The Wharton School, Harvard University - Business School (HBS), Yale School of Management, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 91 (543,278)
Citation 3

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behavioral economics, implementation intentions, health, colonoscopy, planning

Following Through on Good Intentions: The Power of Planning Prompts

NBER Working Paper No. w17995
Number of pages: 23 Posted: 14 Apr 2012 Last Revised: 04 Mar 2023
University of Pennsylvania - The Wharton School, Harvard University - Business School (HBS), Yale School of Management, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 50 (752,439)
Citation 1

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Liquidity in Retirement Savings Systems: An International Comparison

NBER Working Paper No. w21168
Number of pages: 13 Posted: 18 May 2015
Harvard University - Business School (HBS), Yale School of Management, Boston College - Center for Retirement Research, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 76 (607,246)
Citation 11

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Liquidity in Retirement Savings Systems: An International Comparison

HKS Working Paper No. RWP15-024
Number of pages: 13 Posted: 03 Jun 2015
Harvard University - Business School (HBS), Yale School of Management, Boston College - Center for Retirement Research, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 61 (684,762)

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Retirement, liquidity, savings, finance

35.

The Importance of Default Options for Retirement Savings Outcomes: Evidence from the United States

NBER Working Paper No. w12009
Number of pages: 39 Posted: 22 Apr 2006 Last Revised: 26 Oct 2022
Harvard University - Business School (HBS), Yale School of Management, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 136 (402,541)
Citation 25

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Intertemporal Choice

NBER Working Paper No. w25358
Number of pages: 67 Posted: 17 Dec 2018 Last Revised: 16 Apr 2023
Keith M. Marzilli Ericson and David Laibson
Boston University - Markets, Public Policy, and Law and Harvard University - Department of Economics
Downloads 132 (412,139)
Citation 43

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Borrowing to Save? The Impact of Automatic Enrollment on Debt

Journal of Finance, Forthcoming
Number of pages: 53 Posted: 22 Mar 2021
Harvard University - Business School (HBS), Yale School of Management, Harvard University - Department of Economics, Brigham Young University Marriott School of Business and Mason School of Business, College of William & Mary
Downloads 75 (611,898)

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automatic enrollment, debt, nudge

Borrowing to Save? The Impact of Automatic Enrollment on Debt

NBER Working Paper No. w25876
Number of pages: 48 Posted: 28 May 2019 Last Revised: 16 Mar 2023
Harvard University - Business School (HBS), Yale School of Management, Harvard University - Department of Economics, Brigham Young University Marriott School of Business and Mason School of Business, College of William & Mary
Downloads 56 (714,050)
Citation 1

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38.

Passive Decisions and Potent Defaults

NBER Working Paper No. w9917
Number of pages: 26 Posted: 29 Aug 2003 Last Revised: 06 Feb 2022
Yale School of Management, Harvard University - Department of Economics, Brigham Young University Marriott School of Business and Yale School of Management
Downloads 130 (419,519)
Citation 1

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39.

Estimating Discount Functions with Consumption Choices Over the Lifecycle

NBER Working Paper No. w13314
Number of pages: 67 Posted: 24 Aug 2007 Last Revised: 29 Mar 2023
David Laibson, Andrea Repetto and Jeremy Tobacman
Harvard University - Department of Economics, University of Chile - Engineering Department and Alfred Lerner College of Business and Economics, University of Delaware
Downloads 129 (419,519)
Citation 8

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Measuring Time Preferences

NBER Working Paper No. w22455
Number of pages: 69 Posted: 01 Aug 2016 Last Revised: 11 May 2023
Princeton University - Department of Psychology, Boston University - Markets, Public Policy, and Law, Harvard University - Department of Economics and Princeton University
Downloads 117 (451,700)
Citation 28

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Money Earlier or Later? Simple Heuristics Explain Intertemporal Choices Better than Delay Discounting

NBER Working Paper No. w20948
Number of pages: 25 Posted: 16 Feb 2015 Last Revised: 29 Mar 2023
Boston University - Markets, Public Policy, and Law, Princeton University, Harvard University - Department of Economics and Princeton University - Department of Psychology
Downloads 116 (454,638)

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42.

Does 401(k) Loan Repayment Crowd Out Retirement Saving? Evidence from Administrative Data and Implications for Plan Design

Number of pages: 33 Posted: 11 Mar 2024 Last Revised: 25 Mar 2024
Harvard University - Business School (HBS), Yale School of Management, Stanford University, The Vanguard Group, Inc., The Vanguard Group, Inc. and Harvard University - Department of Economics
Downloads 111 (476,065)

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retirement savings, 401(k) plans, withdrawals, loans

43.

Capital Flows, Consumption Booms and Asset Bubbles: A Behavioural Alternative to the Savings Glut Hypothesis

NBER Working Paper No. w15759
Number of pages: 29 Posted: 22 Feb 2010 Last Revised: 24 Jul 2023
David Laibson and Johanna Mollerstrom
Harvard University - Department of Economics and Humboldt University of Berlin
Downloads 110 (472,965)
Citation 3

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Predicting Mid-Life Capital Formation with Pre-School Delay of Gratification and Life-Course Measures of Self-Regulation

Journal of Economic Behavior and Organization, Forthcoming
Number of pages: 14 Posted: 08 Dec 2019
Anderson School of Management, Harvard University - Department of Economics, Columbia University, Smith College, University of Washington, University of California, San Diego (UCSD) - Rady School of Management and University of Oregon
Downloads 109 (476,065)
Citation 29

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self-regulation, delay of gratification, mid-life capital formation

45.

Does Aggregated Returns Disclosure Increase Portfolio Risk-Taking?

NBER Working Paper No. w16868
Number of pages: 47 Posted: 14 Mar 2011 Last Revised: 03 Feb 2023
Harvard University - Business School (HBS), Yale School of Management, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 106 (485,804)
Citation 6

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46.
Downloads 95 (523,371)
Citation 5

The Availability and Utilization of 401(K) Loans

HKS Working Paper No. RWP11-023
Number of pages: 36 Posted: 14 Jun 2011
Harvard University - Business School (HBS), Yale School of Management, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
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Citation 3

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retirement economics, 401(k) loans, employment benefits

The Availability and Utilization of 401(K) Loans

NBER Working Paper No. w17118
Number of pages: 36 Posted: 12 Jun 2011 Last Revised: 10 Apr 2023
Harvard University - Business School (HBS), Yale School of Management, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 42 (809,565)
Citation 4

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47.

Self Control and Commitment: Can Decreasing the Liquidity of a Savings Account Increase Deposits?

NBER Working Paper No. w21474
Number of pages: 55 Posted: 25 Aug 2015 Last Revised: 06 Mar 2022
Harvard University - Business School (HBS), Yale School of Management, University of Cambridge - Department of Applied Economics, Harvard University - Department of Economics, Brigham Young University Marriott School of Business and Federal Reserve Bank of Chicago
Downloads 84 (565,230)
Citation 9

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48.
Downloads 80 (581,760)
Citation 5

Myopia and Discounting

NBER Working Paper No. w23254
Number of pages: 51 Posted: 20 Mar 2017 Last Revised: 15 Jan 2023
Xavier Gabaix and David Laibson
Harvard University - Department of Economics and Harvard University - Department of Economics
Downloads 79 (593,704)
Citation 2

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Myopia and Discounting

CEPR Discussion Paper No. DP11914
Number of pages: 40 Posted: 20 Mar 2017
Xavier Gabaix and David Laibson
Harvard University - Department of Economics and Harvard University - Department of Economics
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Behavioral economics, discounting, myopia

49.
Downloads 77 (594,436)
Citation 1

Optimal Illiquidity

TIAA Institute Research Paper Series No. 170
Number of pages: 51 Posted: 27 Sep 2023
Harvard University - Business School (HBS), Yale School of Management, Yale School of Management, University of Cambridge - Department of Applied Economics, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 40 (825,008)

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household saving, wealth, retirement, government, policy, regulation

Optimal Illiquidity

NBER Working Paper No. w27459
Number of pages: 64 Posted: 07 Jul 2020 Last Revised: 13 Jul 2023
Harvard University - Business School (HBS), Yale School of Management, Yale School of Management, University of Cambridge - Department of Applied Economics, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 37 (849,042)

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50.

Building Emergency Savings Through Employer-Sponsored Rainy-Day Savings Accounts

NBER Working Paper No. w26498
Number of pages: 72 Posted: 03 Dec 2019 Last Revised: 28 May 2023
Harvard University - Business School (HBS), Yale School of Management, Brookings Institution, AARP Public Policy Institute, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 77 (594,436)
Citation 1

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51.

The Impact of Employer Matching on Savings Plan Participation Under Automatic Enrollment

NBER Working Paper No. w13352
Number of pages: 24 Posted: 27 Aug 2007 Last Revised: 26 Dec 2022
Harvard University - Business School (HBS), Yale School of Management, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 72 (617,004)
Citation 3

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52.

What Makes Annuitization More Appealing?

NBER Working Paper No. w18575
Number of pages: 43 Posted: 30 Nov 2012 Last Revised: 03 Apr 2023
Harvard University - Business School (HBS), Yale School of Management, Harvard University - Department of Economics, Brigham Young University Marriott School of Business and Columbia University - Columbia Business School
Downloads 70 (626,418)
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53.

Reducing the Complexity Costs of 401(K) Participation Through Quick Enrollment(Tm)

NBER Working Paper No. w11979
Number of pages: 36 Posted: 20 Apr 2006 Last Revised: 27 Mar 2022
James J. Choi, David Laibson and Brigitte C. Madrian
Yale School of Management, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 67 (641,094)
Citation 6

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54.

Measuring Intertemporal Preferences Using Response Times

NBER Working Paper No. w14353
Number of pages: 16 Posted: 23 Sep 2008 Last Revised: 21 Sep 2022
Harvard University - Department of Psychology, Harvard University - Department of Economics, Washington University in St. Louis - School of Medicine, University of Michigan at Ann Arbor - Department of Psychology and Harvard University
Downloads 66 (646,056)
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55.

Who Uses the Roth 401(K), and How Do They Use it?

NBER Working Paper No. w19193
Number of pages: 33 Posted: 03 Jul 2013 Last Revised: 12 Jun 2022
Harvard University - Business School (HBS), Yale School of Management, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 62 (666,804)
Citation 1

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56.

Early Decisions: A Regulatory Framework

NBER Working Paper No. w11920
Number of pages: 28 Posted: 01 Jun 2006 Last Revised: 29 Jul 2022
Harvard University - Business School (HBS), Yale School of Management, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 62 (666,804)
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57.

Natural Expectations, Macroeconomic Dynamics, and Asset Pricing

NBER Working Paper No. w17301
Number of pages: 73 Posted: 29 Aug 2011 Last Revised: 10 Apr 2023
Andreas Fuster, Benjamin Hebert and David Laibson
École Polytechnique Fédérale de Lausanne, Stanford University and Harvard University - Department of Economics
Downloads 56 (699,566)
Citation 42

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58.

Using Implementation Intentions Prompts to Enhance Influenza Vaccination Rates

NBER Working Paper No. w17183
Number of pages: 27 Posted: 05 Jul 2011 Last Revised: 15 Jun 2023
University of Pennsylvania - The Wharton School, Harvard University - Business School (HBS), Yale School of Management, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 53 (716,948)
Citation 45

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59.

Active Choice, Implicit Defaults, and the Incentive to Choose

NBER Working Paper No. w25473
Number of pages: 41 Posted: 23 Jan 2019 Last Revised: 06 Feb 2023
Harvard University - Business School (HBS), Yale School of Management, Harvard University - Department of Economics and Brigham Young University Marriott School of Business
Downloads 45 (768,334)
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60.

Controlling for Compromise Effects Debiases Estimates of Preference Parameters

CESR-Schaeffer Working Paper No. 2016-001
Number of pages: 79 Posted: 13 Jan 2016
McKinsey Consulting Group, Anderson School of Management, Harvard University - Department of Psychology and Harvard University - Department of Economics
Downloads 45 (768,334)
Citation 1

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compromise effect, cumulative prospect theory, loss aversion, risk preferences

61.

Controlling for the Compromise Effect Debiases Estimates of Risk Preference Parameters

CESR-Schaeffer Working Paper No. 2016-017
Number of pages: 41 Posted: 06 Nov 2016
McKinsey Consulting Group, Anderson School of Management, Harvard University - Department of Psychology and Harvard University - Department of Economics
Downloads 44 (775,165)

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compromise effect, cumulative prospect theory, loss aversion, risk preferences

62.

Individual Laboratory-Measured Discount Rates Predict Field Behavior

NBER Working Paper No. w14270
Number of pages: 43 Posted: 27 Aug 2008 Last Revised: 30 Dec 2022
Harvard University - Department of Psychology, Harvard University - Department of Economics, Washington University in St. Louis - School of Medicine, University of Michigan at Ann Arbor - Department of Psychology and Harvard University
Downloads 40 (803,950)
Citation 44

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The Semblance of Success in Nudging Consumers to Pay Down Credit Card Debt

Number of pages: 82 Posted: 09 Nov 2023
Rice University - Jesse H. Jones Graduate School of Business, Netherlands Authority for Financial Markets, Financial Conduct Authority, Harvard University - Department of Economics, University of Warwick - Warwick Business School and Independent
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Active choice, anchoring, autopay, consumer financial protection, credit cards, FinTech, household debt, household finance, liquidity constraints, nudges

The Semblance of Success in Nudging Consumers to Pay Down Credit Card Debt

NBER Working Paper No. w31926
Number of pages: 84 Posted: 11 Dec 2023
Rice University - Jesse H. Jones Graduate School of Business, Innovations for Poverty Action, Financial Conduct Authority, Harvard University - Department of Economics, University of Warwick and Amazon
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Citation 2
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64.

Paternalism and Pseudo-Rationality: An Illustration Based on Retirement Savings

NBER Working Paper No. w23620
Number of pages: 42 Posted: 25 Jul 2017 Last Revised: 16 Jan 2023
Itzik Fadlon and David Laibson
National Bureau of Economic Research (NBER) and Harvard University - Department of Economics
Downloads 33 (859,360)
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65.

Automatic Enrollment with a 12% Default Contribution Rate

NBER Working Paper No. w31601
Number of pages: 52 Posted: 30 Aug 2023
Harvard University - Business School (HBS), Northwestern University, Harvard University - Department of Economics, Brigham Young University Marriott School of Business and Yale School of Management
Downloads 32 (867,726)
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66.

A Simple Mapping from Mpcs to Mpxs

NBER Working Paper No. w29664
Number of pages: 36 Posted: 17 Jan 2022 Last Revised: 22 Jul 2023
David Laibson, Peter Maxted and Benjamin Moll
Harvard University - Department of Economics, University of California, Berkeley - Haas School of Business and London School of Economics & Political Science (LSE)
Downloads 29 (893,886)
Citation 1

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67.

Predicting Mid-Life Capital Formation with Pre-School Delay of Gratification and Life-Course Measures of Self-Regulation

CESR-Schaeffer Working Paper No. 006 (2019), Journal of Economic Behavior and Organization, Forthcoming
Number of pages: 14 Posted: 12 Dec 2019 Last Revised: 20 Oct 2020
Anderson School of Management, Harvard University - Department of Economics, Columbia University, Smith College, University of Washington, University of California, San Diego (UCSD) - Rady School of Management and University of Oregon
Downloads 27 (912,407)
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68.

Present Bias Amplifies the Household Balance-Sheet Channels of Macroeconomic Policy

NBER Working Paper No. w29094
Number of pages: 58 Posted: 02 Aug 2021 Last Revised: 01 Jul 2023
David Laibson, Peter Maxted and Benjamin Moll
Harvard University - Department of Economics, University of California, Berkeley - Haas School of Business and London School of Economics & Political Science (LSE)
Downloads 17 (1,013,733)
Citation 7

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69.

Does Pension Automatic Enrollment Increase Debt? Evidence from a Large-Scale Natural Experiment

NBER Working Paper No. w32100
Number of pages: 74 Posted: 05 Feb 2024
Harvard University - Business School (HBS), NEST Corporation, Yale School of Management, University of Nottingham, University of Nottingham - School of Economics, Harvard University - Department of Economics, NEST Corporation, University of Nottingham, NEST Corporation and University of Warwick
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70.

Employer-Based Short-Term Savings Accounts

NBER Working Paper No. w32074
Number of pages: 46 Posted: 22 Jan 2024
National Bureau of Economic Research (NBER), Harvard University - Business School (HBS), Harvard College, Yale School of Management and Harvard University - Department of Economics
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71.

Smaller than We Thought? The Effect of Automatic Savings Policies

NBER Working Paper No. w32828
Number of pages: 60 Posted: 19 Aug 2024
Yale School of Management, Harvard University - Department of Economics, University of California, Berkeley, Harvard University and Harvard University - Business School (HBS)
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72.

The Beta-Delta-Delta Sweet Spot

NBER Working Paper No. w30822
Number of pages: 57 Posted: 09 Jan 2023 Last Revised: 14 Apr 2023
David Laibson and Peter Maxted
Harvard University - Department of Economics and University of California, Berkeley - Haas School of Business
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73.

Automating Short-Term Payroll Savings: Evidence from Two Large U.K. Experiments

NBER Working Paper No. w32581
Number of pages: 73 Posted: 18 Jun 2024
National Bureau of Economic Research (NBER), Yale School of Management, Harvard College, Harvard University - Business School (HBS) and Harvard University - Department of Economics
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74.

The Promises and Pitfalls of Genoeconomics

Annual Review of Economics, Vol. 4, pp. 627-662, 2012
Posted: 31 Mar 2013
Anderson School of Management, New York University (NYU), Harvard University - Department of Psychology, Harvard University - Department of Economics, Harvard University - Department of Economics, Icelandic Heart Association, Government of the United States of America - Laboratory of Epidemiology, Demography, and Biometry, Government of the United States of America - Laboratory of Epidemiology, Demography, and Biometry, Massachusetts General Hospital - Center for Human Genetics Research, Icelandic Heart Association, Stockholm School of Economics - Department of Economics, Karolinska Institutet - Department of Medical Epidemiology and Biostatistics, McKinsey Consulting Group, Yale University, Law School, University of Wisconsin - Madison - Department of Medicine, Stanford University, Northwestern University, University of Wisconsin - Madison - Department of Sociology, University of Wisconsin - Madison - Department of Sociology, Karolinska Institutet - Department of Medical Epidemiology and Biostatistics, Karolinska Institutet - Department of Medical Epidemiology and Biostatistics and Karolinska Institutet - Department of Medical Epidemiology and Biostatistics

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75.

Good Policies for Bad Governments: Behavioral Political Economy

Posted: 07 Apr 2005
Anderson School of Management and Harvard University - Department of Economics

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