This paper analyzes the tendency of people to choose default options when offered courses to acquire job related skills. We ask a random sample of Dutch people aged 6-80 which three skills are most important in their (future or past) jobs. Further on in the survey, we randomly select one of the...

We test whether people's tendency to stick with the default option can help save resources. In a natural field experiment we switch printers' default settings, from simplex to duplex printing, at a large Swedish university. The results confirm that roughly one third of all printing is determined...

Multinational corporations internationalize their corporate boardrooms in order to capitalize on their commercial and financial internationalization. Board internationalization provides access to specialized knowledge and skills, broadens social networks and ensures greater transparency of...

The global move towards choice is founded on the traditional economic assumption that well informed economic agents act rationally to maximise their self-interests. Investment choice enables superannuation fund members to select their optimal investment portfolio that matches their risk and...

With the massive decline in savings arising from the Global Financial Crisis (GFC), it is timely to review superannuation fund investment and disclosure strategies in the lead-up to the crisis. Accordingly, this study examines differences among superannuation funds? default investment options in...

China's recently implemented New Rural Pension Scheme (NRPS), the largest social pension program in the world, was designed to provide financial protection for its rural population and reduce economic inequities. Yet the impact of this program is mitigated if those eligible fail to enroll. This...

Assuming a risk-neutral bank and assuming household utility to be exponential, we show how under information symmetry the covariance of income and loan repayments may explain higher household borrowings than in the case without default option. Under ex post information asymmetry and positive...

We test whether people's tendency to stick with the default option can help save resources. In a natural field experiment we switch printers' default settings, from simplex to duplex printing, at a large Swedish university. The results confirm that roughly one third of all printing is determined...

Multinational corporations internationalize their corporate boardrooms in order to capitalize on their commercial and financial internationalization. Board internationalization provides access to specialized knowledge and skills, broadens social networks and ensures greater transparency of...

Assuming a risk-neutral bank and assuming household utility to be exponential, we show how under information symmetry the covariance of income and loan repayments may explain higher household borrowings than in the case without default option. Under ex post information asymmetry and positive...