change in the Swedish pension system that highlighted a five-year payout on the expense of a life annuity not only increased …Nudge is about affecting behavior in a certain way through small changes to the choice architecture. However, a nudge … relevant context where the use of nudge is widespread; retirement. Specifically, we find that an exogenous application form …

We study the effects of two exogenous modificationsin the Swedish pension system application formnudgingindividuals … towards a fixed-term payout.Meanwhile, the set of available options and the default option-life annuity -were unchanged during …

change in the Swedish pension system that highlighted a five-year payout on the expense of a life annuity not only increased …Nudge is about affecting behavior in a certain way through small changes to the choice architecture. However, a nudge … relevant context where the use of nudge is widespread; retirement. Specifically, we find that an exogenous application form …

regulation sanctioned these as default investments in automatic enrollment plans. We show that adopters delegated pension …

regulation sanctioned these as default investments in automatic enrollment plans. We show that adopters delegated pension …

their willingness to delay claiming later, if they could receive a lump sum in lieu of a higher annuity payment. Using a …

delays if, by delaying benefits, people received a lump sum instead of an annuity. We predict that current early claimers …

their willingness to delay claiming later, if they could receive a lump sum in lieu of a higher annuity payment. Using a …

their willingness to delay claiming later, if they could receive a lump sum in lieu of a higher annuity payment. Using a …

delays if, by delaying benefits, people received a lump sum instead of an annuity. We predict that current early claimers …