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Who's Afraid of a Poor Old-Age? Risk Perception in Risk Management Decisions (PDF)
Elke U. Weber via the Pension Research Council 
Oct. 29, 2003 25 pages; working paper. Excerpt: I review evidence showing that individual and group differences in risk perception, much more than differences in risk attitude, are responsible for differences in the choices people make.... The risks associated with inadequate retirement planning have all the characteristics associated with hazards that do not evoke strong visceral reactions. [WP2003-08] MORE >> |
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