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Do people really want freedom of choice? : Assessing preferences of pension holders

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  • van Dalen, Hendrik Peter

    (Tilburg University, School of Economics and Management)

  • Henkens, Kene

    (Tilburg University, School of Economics and Management)

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  • van Dalen, Hendrik Peter & Henkens, Kene, 2018. "Do people really want freedom of choice? : Assessing preferences of pension holders," Other publications TiSEM 448e8a93-9ded-401f-9da0-7, Tilburg University, School of Economics and Management.
    • Handle: RePEc:tiu:tiutis:448e8a93-9ded-401f-9da0-73e4e7536d3f
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    References listed on IDEAS

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    7. van Rooij, Maarten C.J. & Kool, Clemens J.M. & Prast, Henriette M., 2007. "Risk-return preferences in the pension domain: Are people able to choose?," Journal of Public Economics, Elsevier, vol. 91(3-4), pages 701-722, April.
    8. Sumit Agarwal & John C. Driscoll & Xavier Gabaix & David Laibson, 2009. "The Age of Reason: Financial Decisions over the Life Cycle and Implications for Regulation," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 40(2 (Fall)), pages 51-117.
    9. Raj Chetty & John N. Friedman & Søren Leth-Petersen & Torben Heien Nielsen & Tore Olsen, 2014. "Active vs. Passive Decisions and Crowd-Out in Retirement Savings Accounts: Evidence from Denmark," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 129(3), pages 1141-1219.
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    11. Dmitri Kuksov & J. Miguel Villas-Boas, 2010. "When More Alternatives Lead to Less Choice," Marketing Science, INFORMS, vol. 29(3), pages 507-524, 05-06.
    12. Annamaria Lusardi & Olivia S. Mitchell, 2014. "The Economic Importance of Financial Literacy: Theory and Evidence," Journal of Economic Literature, American Economic Association, vol. 52(1), pages 5-44, March.
    13. Cass R. Sunstein & Richard H. Thaler, 2003. "Libertarian paternalism is not an oxymoron," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, vol. 48(Jun).
    14. Edina Rozinka & Waldo Tapia, 2007. "Survey of Investment Choice by Pension Fund Members," OECD Working Papers on Insurance and Private Pensions 7, OECD Publishing.
    15. Julie Agnew & Pierluigi Balduzzi & Annika Sundén, 2003. "Portfolio Choice and Trading in a Large 401(k) Plan," American Economic Review, American Economic Association, vol. 93(1), pages 193-215, March.
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    19. Benjamin Scheibehenne & Rainer Greifeneder & Peter M. Todd, 2010. "Can There Ever Be Too Many Options? A Meta-Analytic Review of Choice Overload," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 37(3), pages 409-425, October.
    20. Sunstein, Cass R., 2015. "Choosing Not to Choose: Understanding the Value of Choice," OUP Catalogue, Oxford University Press, number 9780190231699.
    21. Richard H. Thaler & Cass R. Sunstein, 2023. "Libertarian paternalism," Chapters, in: Cass R. Sunstein & Lucia A. Reisch (ed.), Research Handbook on Nudges and Society, chapter 1, pages 10-16, Edward Elgar Publishing.
    22. Laibson, David I. & Agarwal, Sumit & Driscoll, John C. & Gabaix, Xavier, 2009. "The Age of Reason: Financial Decisions over the Life-Cycle with Implications for Regulation," Scholarly Articles 4554335, Harvard University Department of Economics.
    23. Jianakoplos, Nancy Ammon & Bernasek, Alexandra, 1998. "Are Women More Risk Averse?," Economic Inquiry, Western Economic Association International, vol. 36(4), pages 620-630, October.
    24. Engström, Stefan & Westerberg, Anna, 2003. "Which individuals make active investment decisions in the new Swedish pension system?," SSE/EFI Working Paper Series in Economics and Finance 527, Stockholm School of Economics, revised 12 Aug 2003.
    25. Brad M. Barber & Terrance Odean, 2001. "Boys will be Boys: Gender, Overconfidence, and Common Stock Investment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 116(1), pages 261-292.
    26. Henkens, Kène & van Dalen, Hendrik P. & Ekerdt, David J. & Hershey, Douglas A. & Hyde, Martin & Radl, Jonas & van Solinge, Hanna & Wang, Mo & Zacher, Hannes, 2018. "What We Need to Know About Retirement: Pressing Issues for the Coming Decade," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 58(5), pages 805-812.
    27. Sen, Amartya, 1988. "Freedom of choice : Concept and content," European Economic Review, Elsevier, vol. 32(2-3), pages 269-294, March.
    28. Benjamin R. Handel, 2013. "Adverse Selection and Inertia in Health Insurance Markets: When Nudging Hurts," American Economic Review, American Economic Association, vol. 103(7), pages 2643-2682, December.
    29. Engström, Stefan & Westerberg, Anna, 2003. "Which individuals make active investment decisions in the new Swedish pension system?," Journal of Pension Economics and Finance, Cambridge University Press, vol. 2(3), pages 225-245, November.
    30. Van Dalen, Hendrik P. & Henkens, Kène & Koedijk, Kees & Slager, Alfred, 2012. "Decision making by pension fund trustees in the face of demographic and economic shocks: a vignette study," Journal of Pension Economics and Finance, Cambridge University Press, vol. 11(2), pages 183-201, April.
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    Cited by:

    1. van Dalen, Hendrik Peter & Henkens, Kene, 2018. "The making and breaking of trust in pension providers : An empirical study of pension participants," Other publications TiSEM a23d8c7c-5857-48ee-a1ab-a, Tilburg University, School of Economics and Management.
    2. Hendrik P. Dalen & Kène Henkens, 2018. "The Making and Breaking of Trust in Pension Providers: An Empirical Study of Pension Participants," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 43(3), pages 473-491, July.
    3. Adeabah, David & Asongu, Simplice & Andoh, Charles, 2021. "Remittances, ICT and pension income coverage: The international evidence," Technological Forecasting and Social Change, Elsevier, vol. 173(C).
    4. van Dalen, Hendrik Peter & Henkens, Kene, 2018. "Do pension participants want the freedom to choose or the freedom to snooze?," Other publications TiSEM 4fb45634-c9b3-469a-9f73-1, Tilburg University, School of Economics and Management.
    5. Kai A. Konrad, 2023. "The Political Economy of Paternalism," Working Papers tax-mpg-rps-2019-17, Max Planck Institute for Tax Law and Public Finance.

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