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The impact of DC (defined contribution) scheme structure and communication policies: a bounded rationality framework
Concepts from bounded rationality, particularly biases, are frequently used to explain the successes and the failures of pension scheme defaults. This research suggests that pension literature has focused on pension ...
Pension provision by small employers in Ireland: an analysis of PRSAs using bounded rationality theory
This paper applies the theory of bounded rationality to study small employer pension provision decision-making in Ireland. PRSA pension products were intended to provide inexpensive, flexible pension options, particularly ...