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.
Lippi, A., DEFAULT BIAS OR NO DEFAULT BIAS? EVIDENCE FROMDECISIONS REGARDING OCCUPATIONAL PENSIONFUND ENROLLMENT IN ITALY, <<JOURNAL OF GOVERNANCE AND REGULATION>>, 2013; 2013 (2/3): 117-127 [http://hdl.handle.net/10807/46751]
DEFAULT BIAS OR NO DEFAULT BIAS? EVIDENCE FROM DECISIONS REGARDING OCCUPATIONAL PENSION FUND ENROLLMENT IN ITALY
Lippi, Andrea
2013
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.
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