The Resource Saving for retirement : intention, context, and behavior, Gordon L. Clark, Kendra Strauss, and Janelle Knox-Hayes

Saving for retirement : intention, context, and behavior, Gordon L. Clark, Kendra Strauss, and Janelle Knox-Hayes

Label
Saving for retirement : intention, context, and behavior
Title
Saving for retirement
Title remainder
intention, context, and behavior
Statement of responsibility
Gordon L. Clark, Kendra Strauss, and Janelle Knox-Hayes
Creator
Contributor
Subject
Language
eng
Summary
"Understanding the ways in which people save for their retirement is an urgent issue. So much has changed in the last 10 to 15 years, especially in the area of the provision of pensions and retirement income. Around the world, greater and greater responsibility is being allocated to individuals while governments discount their contributions to social security and employers retreat from the provision of supplementary retirement income. This book explores the behavioral revolution and its implications for understanding financial decision-making and saving for the future. Recognizing the profound implications of this research program, it goes beyond issues of risk aversion, framing, and decision-making to consider how social identity and the resources due to people by virtue of their place in society figure in savings behavior. It gives considerable attention to the context of the environment in which people make financial decisions, arguing that this allows a better understanding of the coexistence of sophistication and naivety apparent in patterns of retirement saving. Utilizing databases from the UK, the book provides an empirical foundation to its theoretical arguments, demonstrating how an integrated approach to individual financial decision-making is necessary if we are to address the apparent shortfall in many people's planning for the future. The book concludes by setting the agenda for the design, governance, and regulation of pension savings schemes consistent with delivering cost-effective solutions to pension adequacy. In these ways, it sets forth a strategy for rethinking individual behavior as well as the design of retirement income systems."--Publisher's website
Cataloging source
VLB
Dewey number
332.024014
Index
index present
LC call number
HD7091
LC item number
.C55 2012eb
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
Label
Saving for retirement : intention, context, and behavior, Gordon L. Clark, Kendra Strauss, and Janelle Knox-Hayes
Publication
Bibliography note
Includes bibliographical references (pages 172-190) and indexes
http://library.link/vocab/branchCode
  • none
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
Introduction -- Environment and behaviour -- Risk propensities -- Sophistication, salience, and scale -- Being in the market -- Housing, retirement saving, and risk aversion -- The demand for annuities -- The 'new' paternalism -- Pension adequacy and sustainability
Control code
ocn794601748
Extent
1 online resource (xix, 202 pages)
Form of item
online
Isbn
9780191738104
Media category
computer
Media MARC source
rdamedia
Media type code
c
http://library.link/vocab/recordID
.b3751071x
Specific material designation
remote
System control number
  • (OCoLC)794601748
  • oso0191738107

Library Locations

    • Deakin University Library - Geelong Waurn Ponds CampusBorrow it
      75 Pigdons Road, Waurn Ponds, Victoria, 3216, AU
      -38.195656 144.304955
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