DEFAULT BIAS OR NO DEFAULT BIAS? EVIDENCE FROM DECISIONS REGARDING OCCUPATIONAL PENSION FUND ENROLLMENT IN ITALY

Research output: Contribution to journalArticlepeer-review

Abstract

If forced to choose a supplementary pension fund, people will decide not to decide, accepting decisions made for them by others (default bias), reaching a status quo position. This study analyses whether the status quo position achieved via the default option in Italian occupational pension funds is later changed over the period studied (2007-2011), and the factors influencing any change.
Original languageEnglish
Pages (from-to)117-127
Number of pages11
JournalJournal of Governance and Regulation
Volume2013
Publication statusPublished - 2013

Keywords

  • Decision making
  • Default option
  • Pension funds
  • Status quo bias

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