Americans are increasingly being asked to take responsibility for their own retirement security. However, many people are ill-equipped to make financial decisions and have turned to professional financial advisors for help. While financial advisors often provide valuable services, it can be...

It seems premature to conclude that Noam has offered an analytic framework that will ultimately enable useful prediction concerning the array of issues he addresses. It appears that the employment of utility theory to aid in the selection of promising assumptions<Footnote ID="Fn7"> Just as utility theory provides...</footnote>