myopia may justify public pensions but never alongside positive private savings. With sufficient myopia, co-existence of …This paper revisits the role played by myopia in generating a theoretical rationale for pay-as-you-go social security … positive optimal pensions and positive private saving is possible if the real interest rate on saving evolves endogenously, as …

biases: myopia, optimism and sophisticated procrastination. Optimists and myopics similarly under-estimate their own …

the future - and myopia may explain why some retirees are forced to ‘unretire’, i.e., unexpectedly return to work. It also … shows that when myopia about habit formation leads to unretirement there is a case for government's intervention. In a first …

proportional taxation increases the cost of self-control, and that this adverse effect is more acute when public pensions become …