Jump to ContentJump to Main Navigation
Explorations in the Economics of Aging$
Users without a subscription are not able to see the full content.

David A. Wise

Print publication date: 2011

Print ISBN-13: 9780226903378

Published to Chicago Scholarship Online: February 2013

DOI: 10.7208/chicago/9780226903385.001.0001

Show Summary Details
Page of

PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2017. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use (for details see http://www.chicago.universitypressscholarship.com/page/privacy-policy).date: 16 October 2017

How Does Simplified Disclosure Affect Individuals' Mutual Fund Choices?

How Does Simplified Disclosure Affect Individuals' Mutual Fund Choices?

Chapter:
(p.75) 2 How Does Simplified Disclosure Affect Individuals' Mutual Fund Choices?
Source:
Explorations in the Economics of Aging
Author(s):
John Beshears, James J. Choi, David Laibson, Brigitte C. Madrian
Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226903385.003.0003

The chapter illustrates that plan features such as automatic enrollment and the default provisions of such plans have tremendous influence on the likelihood of participation, the amount saved, and the allocation of assets across the investment alternatives in the plan. More recent work has focused more extensively on portfolio allocation and its implications, such as the extent to which fund management fees are considered in investment decisions in 401(k) plans, and how the salience of management fees may impact investment decision making. The chapter also adds to the understanding of how people make financial decisions, and how financial decision making might be improved through simple policy changes or interventions.

Keywords:   Securities and Exchange Commission, mutual funds, Securities Act, portfolio allocation, retirement, 401(k) plan

Chicago Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.