neural responses to the pertinent prospects when they are not engaged in actual decision making. The ability to make such …

observable exogenous causes. We explore an alternative approach that generates predictions based on relationships across decision … experiment, we find that this method yields accurate estimates of price sensitivities for a collection of products under …

-inconsistency strengthen the normative appeal of the active-decision enrollment regime. However, financial illiteracy favors default enrollment … over active decision enrollment …

experiment, face-to-face communication with a randomly assigned peer significantly improves the quality of private decisions … transmits financial decision-making skills most effectively when peers are equally uninformed, rather than when an informed … decision maker teaches an uninformed peer. Qualitative analysis of subjects' discussions supports this interpretation. The …

versus equal outcomes). In a laboratory experiment, the most common behavioral pattern is for subjects to select the ex ante …

coincide with a preference for commitment or dynamically inconsistent preferences. Present-bias is a special case of present …

present bias and/or naïve present-biased agents are also present in our sample …