Financial knowledge is an important but insufficient driver of responsible financial behavior.
Having a positive evaluation of oneself may also be essential for individuals to initiate and …

Now available: Nudge: The Final Edition The original edition of the multimillion-copy New
York Times bestseller by the winner of the Nobel Prize in Economics, Richard H. Thaler, and …

The authors propose that attempts to increase consumers' objective knowledge (OK)
regarding financial instruments can deter willingness to invest when such attempts diminish …

While traditional finance focuses on the tools used to optimize return and minimize risk, this
book explains how psychology can affect our decisions more than financial theory. Covering …

Behavioral law and economics (BLE) has been broadly regarded in recent years as among
the most promising and exciting new developments in public policymaking theory and …

Evidence shows alarming numbers of US workers nearing retirement insufficiently save for
this next life stage. Moreover, many women invest too conservatively. This finding is of …

We identify employees at seven companies whose 401 (k) investment choices are
dominated because they are contributing less than the employer matching contribution …

Disclosure: In addition to being a professor at Yale University, the author is currently working
part-time with Standard & Poor's to produce home price indices; with the Chicago Mercantile …

We find evidence that the leadership of overconfident chief executive officers (CEOs)
induces stakeholders to take actions that contribute to the leader's vision. By being …

It is now widely accepted that the objective of corporate law and corporate governance
should be to promote the wealth and welfare of shareholders. Business managers typically …