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the effect of a simple scalable planning intervention on a repeated behavior using a randomized design involving 877 … weeks. In contrast to recent studies, we find that the planning intervention did not have a positive effect on behavior and … planning is helpful and despite clear evidence that they engaged with the planning process …
Persistent link: https://www.econbiz.de/10012911692
-contingent, planning problem, which may involve costly deliberation in every state of nature, and by letting the decision-maker deliberate …
Persistent link: https://www.econbiz.de/10013224897
How likely is a catastrophic event that would substantially reduce the capital stock, GDP and wealth? How much should society be willing to pay to reduce the probability or impact of a catastrophe? We answer these questions and provide a framework for policy analysis using a general equilibrium...
Persistent link: https://www.econbiz.de/10013150842
How has the emergence of defined contribution pension plans, such as 401(k)s, affected the financial security of future retirees? We consider this question using a detailed survey of pension formulas in the Survey of Consumer Finances. Our simulations show that average and median pension...
Persistent link: https://www.econbiz.de/10012763592
.e., impulsivity and length of financial planning horizon, smokers are more impatient. However, neither of these measures is … measures of time preference and self-control, i.e., impulsivity and financial planning, are more closely related to the smoking …
Persistent link: https://www.econbiz.de/10012778234
estimates show that planning behavior can explain the differences in savings and why some people arrive close to retirement with …
Persistent link: https://www.econbiz.de/10012778261
-post costs of poor planning. We show that, given a commitment device, people self-impose deadlines that are binding but require … theory predicts. For example, monetary incentives for accurate prediction ameliorate the planning fallacy while incentives …
Persistent link: https://www.econbiz.de/10012753494
We examine how machine learning can be used to improve and understand human decision-making. In particular, we focus on … released. This is a promising machine learning application because it is a concrete prediction task for which there is a large … results suggest that while machine learning can be valuable, realizing this value requires integrating these tools into an …
Persistent link: https://www.econbiz.de/10012962719
In recent years, there has been widespread excitement around the potential for technology to transform learning. As … technologies from which to choose—from digital personalized learning platforms to educational games to online courses. Amidst the … technology: (1) access to technology, (2) computer-assisted learning, (3) technology-enabled behavioral interventions in …
Persistent link: https://www.econbiz.de/10012948453
Classroom peers are believed to influence learning by teaching each other, and the efficacy of this teaching likely …-to-peer teaching and ability tracking. While peer-to-peer teaching improves learning among low-ability subjects, the positive effects …
Persistent link: https://www.econbiz.de/10012955453