Risk Management For the Future: Age, Risk, and Choice Architecture

This paper examines how aging interacts with the decision-making environment concerning savings, retirement and well-being. Across multiple experiments, older participants opt for more prudent financial and retirement choices only when cognitive resources are available, and sometimes a reversal of this pattern if they are not available.



Citation:

On Amir and Orly Lobel (2015) ,"Risk Management For the Future: Age, Risk, and Choice Architecture", in NA - Advances in Consumer Research Volume 43, eds. Kristin Diehl , Carolyn Yoon, and , Duluth, MN : Association for Consumer Research, Pages: 90-94.

Authors

On Amir, University of California San Diego, USA
Orly Lobel, University of San Diego, USA



Volume

NA - Advances in Consumer Research Volume 43 | 2015



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