Now showing items 1-2 of 2

    • $100 Bills on the Sidewalk: Violations of No-Arbitrage in 401(k) Accounts 

      Choi, James J.; Laibson, David I.; Madrian, Brigitte (MIT Press, 2011)
      We identify employees at seven companies whose 401(k) investment choices are dominated because they are contributing less than the employer matching contribution threshold despite being vested in their match and being able ...
    • Behavioral Economics Perspective on Public Sector Pension Plans 

      Beshears, John Leonard; Choi, James J.; Laibson, David I.; Madrian, Brigitte (Cambridge University Press, 2011)
      We describe the pension plan features of the states and the largest cities and counties in the U.S. Unlike in the private sector, defined benefit (DB) pensions are still the norm in the public sector. However, a few ...