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Whether people appreciate the importance of saving for the future, and whether they intend to do so, are not well understood. On the basis of a representative sample of UK residents, we show that the perceived importance of pension planning is positively correlated with respondents’ risk...
Persistent link: https://www.econbiz.de/10008490793
Persistent link: https://www.econbiz.de/10005163495
Research in behavioural economics, as in economic geography, seeks to address fundamental questions about cognition, the status of human rationality, and social-cum-spatial structure in economic decision making. Critiques of the ‘strong’ model of economic rationality that underpins models of...
Persistent link: https://www.econbiz.de/10005163918