Tag: behavioral economics
![Female soldier holding a piggy bank](https://crr.bc.edu/wp-content/uploads/2023/05/shutterstock_177221066.png)
Automatically enrolling all new workers in an employer savings plan is a terrific way to push reluctant savers to prepare for a future in old age. They still have the option of withdrawing but usually stick with the plan once an employer signs them up. The preliminary results of a new study on Army personn…
![two women talking](https://crr.bc.edu/wp-content/uploads/2022/12/two-women-talking.jpg)
Financial advisers have no shortage of clever strategies to dispense to their clients. The tricky part is getting the psychology right. Human beings have all kinds of hang-ups about money. Presumably, someone who’s walked into a financial adviser’s office has broken through the first barrier to getting help: denial. But even then, blind spots and…