Details about David Laibson

Access statistics for papers by David Laibson.

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Short-id: pla164

Working Papers

2013

1. The Impact of Competition on Prices with Numerous Firms
   Working Papers, Chapman University, Economic Science Institute

2012

2. Following Through on Good Intentions: The Power of Planning Prompts
   NBER Working Papers, National Bureau of Economic Research, Inc
   Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2012)
3. What Makes Annuitization More Appealing?
   NBER Working Papers, National Bureau of Economic Research, Inc

2011

4. Behavioral Economics Perspectives on Public Sector Pension Plans
   Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (1)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (1)
   Scholarly Articles, Harvard Kennedy School of Government (2011) View citations (1)
   See also Journal Article in Journal of Pension Economics and Finance (2011)
5. Does Aggregated Returns Disclosure Increase Portfolio Risk-Taking?
   NBER Working Papers, National Bureau of Economic Research, Inc
6. Natural Expectations, Macroeconomic Dynamics, and Asset Pricing
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
   See also Chapter (2011)
7. The Availability and Utilization of 401(k) Loans
   Working Paper Series, Harvard University, John F. Kennedy School of Government
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2011)
   Scholarly Articles, Harvard Kennedy School of Government (2011)
   See also Chapter (2011)
8. The Effect of Providing Peer Information on Retirement Savings Decisions
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
9. Using Implementation Intentions Prompts to Enhance Influenza Vaccination Rates
   Scholarly Articles, Harvard Kennedy School of Government View citations (1)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (5)

2010

10. Capital Flows, Consumption Booms and Asset Bubbles: A Behavioural Alternative to the Savings Glut Hypothesis
    Scholarly Articles, Harvard University Department of Economics View citations (7)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2010) View citations (3)
    See also Journal Article in Economic Journal (2010)
11. Pension Participation and Uncovered Workers
    Issues in Brief, Center for Retirement Research
12. Why Does the Law of One Price Fail? An Experiment on Index Mutual Funds
    Scholarly Articles, Harvard University Department of Economics View citations (12)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (7)
    Yale School of Management Working Papers, Yale School of Management (2008) View citations (10)
    Levine's Working Paper Archive, David K. Levine (2008) View citations (4)
    See also Journal Article in Review of Financial Studies (2010)

2009

13. $100 Bills on the Sidewalk: Suboptimal Investment in 401(K) Plans
    Yale School of Management Working Papers, Yale School of Management
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations (6)
    See also Journal Article in The Review of Economics and Statistics (2011)
14. How Does Simplified Disclosure Affect Individuals' Mutual Fund Choices?
    Yale School of Management Working Papers, Yale School of Management
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009)
    Working Paper Series, Harvard University, John F. Kennedy School of Government (2009)
    See also Chapter (2011)
15. How Does Simplified Disclosure Affect Individuals’ Mutual Fund Choices?
    Scholarly Articles, Harvard Kennedy School of Government View citations (1)
16. Mental Accounting in Portfolio Choice: Evidence from a Flypaper Effect
    Scholarly Articles, Harvard University Department of Economics View citations (2)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (4)
    See also Journal Article in American Economic Review (2009)
17. Optimal Defaults and Active Decisions
    Scholarly Articles, Harvard University Department of Economics View citations (15)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations (15)
    Levine's Bibliography, UCLA Department of Economics (2005) View citations (22)
    See also Journal Article in The Quarterly Journal of Economics (2009)
18. Reducing the Complexity Costs of 401(k) Participation Through Quick Enrollment
    Scholarly Articles, Harvard University Department of Economics
    See also Chapter (2009)
19. Reinforcement Learning and Savings Behavior
    Yale School of Management Working Papers, Yale School of Management View citations (5)
    Also in Scholarly Articles, Harvard University Department of Economics (2009) View citations (6)
    See also Journal Article in Journal of Finance (2009)
20. The Age of Reason: Financial Decisions over the Life-Cycle with Implications for Regulation
    Scholarly Articles, Harvard University Department of Economics
21. The Allocation of Time in Decision-Making
    Scholarly Articles, Harvard University Department of Economics View citations (1)
    See also Journal Article in Journal of the European Economic Association (2009)
22. What is the Age of Reason?
    Issues in Brief, Center for Retirement Research

2008

23. How are Preferences Revealed?
    Yale School of Management Working Papers, Yale School of Management View citations (13)
    Also in Levine's Bibliography, UCLA Department of Economics (2007)
    NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (13)
    See also Journal Article in Journal of Public Economics (2008)
24. Individual Laboratory-Measured Discount Rates Predict Field Behavior
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)
    See also Journal Article in Journal of Risk and Uncertainty (2008)
25. Learning in the Credit Card Market
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
    Also in Levine's Working Paper Archive, David K. Levine (2008) View citations (10)
26. Measuring intertemporal preferences using response times
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
27. Optimal Mortgage Refinancing: A Closed Form Solution
    Levine's Working Paper Archive, David K. Levine View citations (3)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (3)
28. Simplification and Saving
    Yale School of Management Working Papers, Yale School of Management View citations (4)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (6)
29. The Age of Reason: Financial Decisions Over the Lifecycle
    2008 Meeting Papers, Society for Economic Dynamics
    Also in Working Paper Series, Federal Reserve Bank of Chicago (2007) View citations (26)
    NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (46)
    Levine's Bibliography, UCLA Department of Economics (2007) View citations (23)
30. The Flypaper Effect in Individual Investor Asset Allocation
    Yale School of Management Working Papers, Yale School of Management

2007

31. Estimating Discount Functions with Consumption Choices over the Lifecycle
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (24)
    Also in Economics Series Working Papers, University of Oxford, Department of Economics (2007) View citations (18)
    Levine's Bibliography, UCLA Department of Economics (2005) View citations (8)
    Documentos de Trabajo, Centro de Economía Aplicada, Universidad de Chile (2007) View citations (30)
32. Intertemporal Choice - Toward an Integrative Framework
    Scholarly Articles, Harvard University Department of Economics View citations (1)
33. Reinforcement Learning in Investment Behavior
    Levine's Bibliography, UCLA Department of Economics
34. Safety in Markets: An Impossibility Theorem for Dutch Books
    Levine's Bibliography, UCLA Department of Economics View citations (3)
    Also in 2004 Meeting Papers, Society for Economic Dynamics (2004) View citations (4)
35. The Impact of Employer Matching on Savings Plan Participation under Automatic Enrollment
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    See also Chapter (2010)

2006

36. Early Decisions: A Regulatory Framework
    NBER Working Papers, National Bureau of Economic Research, Inc
37. Instantaneous Gratification
    Levine's Bibliography, UCLA Department of Economics View citations (12)
    Also in NajEcon Working Paper Reviews, www.najecon.org (2001) View citations (3)
    Levine's Working Paper Archive, David K. Levine (2001) View citations (2)
38. Reducing the Complexity Costs of 401(k) Participation Through Quick Enrollment(TM)
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    Also in Levine's Bibliography, UCLA Department of Economics (2005) View citations (5)
39. Shrouded Attributes, Consumer Myopia, and Information Suppression in Competitive Markets
    Scholarly Articles, Harvard University Department of Economics View citations (78)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations (56)
    See also Journal Article in The Quarterly Journal of Economics (2006)
40. The Importance of Default Options for Retirement Savings Outcomes: Evidence from the United States
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
    Also in CeRP Working Papers, Center for Research on Pensions and Welfare Policies, Turin (Italy) (2005) View citations (4)
    See also Chapter (2009)

2005

41. $100 Bills on the Sidewalk: Suboptimal Saving in 401(k) Plans
    Levine's Bibliography, UCLA Department of Economics View citations (20)
42. Extreme Value Theory and the Effects of Competition on Profits
    Levine's Bibliography, UCLA Department of Economics View citations (15)
43. Information Acquisition: Experimental Analysis of a Boundedly Rational Model
    Levine's Bibliography, UCLA Department of Economics View citations (16)

2004

44. Competition and Consumer Confusion
    Econometric Society 2004 North American Summer Meetings, Econometric Society View citations (9)
45. Consumption-Wealth Comovement of the Wrong Sign
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
46. Employees' Investment Decisions about Company Stock
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (15)
47. Plan Design and 401(k) Savings Outcomes
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (32)
48. Saving or Retirement on the Path of Least Resistance
    Levine's Bibliography, UCLA Department of Economics View citations (16)
49. Shrouded Attributes and the Curse of Educatoin
    2004 Meeting Papers, Society for Economic Dynamics

2003

50. Passive Decisions and Potent Defaults
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
    See also Chapter (2005)
51. Wealth Accumulation, Credit Card Borrowing, and Consuption-Income Comovement
    Documentos de Trabajo, Centro de Economía Aplicada, Universidad de Chile View citations (4)

2002

52. Defined Contribution Pensions: Plan Rules, Participant Decisions, and the Path of Least Resistance
    JCPR Working Papers, Northwestern University/University of Chicago Joint Center for Poverty Research View citations (16)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2001) View citations (40)
53. For Better or For Worse: Default Effects and 401(k) Savings Behavior
    JCPR Working Papers, Northwestern University/University of Chicago Joint Center for Poverty Research View citations (43)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2001) View citations (60)
    See also Chapter (2004)
54. The 6D Bias and the Equity Premium Puzzle
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations (65)
    See also Chapter (2002)

2001

55. The Economic Approach to Social Capital
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations (6)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2000) View citations (50)

2000

56. A Cue-Theory of Consumption
    Scholarly Articles, Harvard University Department of Economics
    See also Journal Article in The Quarterly Journal of Economics (2001)
57. A Debt Puzzle
    Documentos de Trabajo, Centro de Economía Aplicada, Universidad de Chile View citations (54)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2000) View citations (16)
58. Does the Internet Increase Trading? Evidence from Investor Behavior in 401(k) Plans
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
    Also in Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research View citations (4)
59. Hyperbolic Discounting, Wealth Accumulation, and Consumption
    Documentos de Trabajo, Centro de Economía Aplicada, Universidad de Chile View citations (4)
60. Measuring Trust
    Scholarly Articles, Harvard University Department of Economics View citations (379)
    See also Journal Article in The Quarterly Journal of Economics (2000)

1999

61. Dynamic Choices of Hyperbolic Consumers
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations (6)
    See also Journal Article in Econometrica (2001)
62. What is Social Capital? The Determinants of Trust and Trustworthiness
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (27)
    Also in Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (1999) View citations (22)

1998

63. The implications of hyperbolic discounting for project evaluation
    Policy Research Working Paper Series, The World Bank View citations (12)

1997

64. Golden Eggs and Hyperbolic Discounting
    Scholarly Articles, Harvard University Department of Economics View citations (733)
    See also Journal Article in The Quarterly Journal of Economics (1997)

1996

65. Hyperbolic Discount Functions, Undersaving, and Savings Policy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (46)

Journal Articles

2012

1. The Promises and Pitfalls of Genoeconomics
   Annual Review of Economics, 2012, 4, (1), 627-662

2011

2. $100 Bills on the Sidewalk: Suboptimal Investment in 401(k) Plans
   The Review of Economics and Statistics, 2011, 93, (3), 748-763 View citations (4)
   See also Working Paper (2009)
3. Asset Bubbles and the Cost of Economic Fluctuations
   Journal of Money, Credit and Banking, 2011, 43, 233-260
4. Behavioral economics perspectives on public sector pension plans
   Journal of Pension Economics and Finance, 2011, 10, (02), 315-336 View citations (1)
   See also Working Paper (2011)

2010

5. Capital Flows, Consumption Booms and Asset Bubbles: A Behavioural Alternative to the Savings Glut Hypothesis
   Economic Journal, 2010, 120, (544), 354-374 View citations (3)
   See also Working Paper (2010)
6. Natural Expectations and Macroeconomic Fluctuations
   Journal of Economic Perspectives, 2010, 24, (4), 67-84 View citations (19)
7. Why Does the Law of One Price Fail? An Experiment on Index Mutual Funds
   Review of Financial Studies, 2010, 23, (4), 1405-1432 View citations (10)
   See also Working Paper (2010)

2009

8. Mental Accounting in Portfolio Choice: Evidence from a Flypaper Effect
   American Economic Review, 2009, 99, (5), 2085-95 View citations (2)
   See also Working Paper (2009)
9. Optimal Defaults and Active Decisions
   The Quarterly Journal of Economics, 2009, 124, (4), 1639-1674 View citations (22)
   See also Working Paper (2009)
10. Reinforcement Learning and Savings Behavior
    Journal of Finance, 2009, 64, (6), 2515-2534 View citations (8)
    See also Working Paper (2009)
11. The Age of Reason: Financial Decisions over the Life Cycle and Implications for Regulation
    Brookings Papers on Economic Activity, 2009, 40, (2 (Fall)), 51-117 View citations (9)
12. The Allocation of Time in Decision-Making
    Journal of the European Economic Association, 2009, 7, (2-3), 628-637 View citations (1)
    See also Working Paper (2009)

2008

13. How are preferences revealed?
    Journal of Public Economics, 2008, 92, (8-9), 1787-1794 View citations (13)
    See also Working Paper (2008)
14. Individual laboratory-measured discount rates predict field behavior
    Journal of Risk and Uncertainty, 2008, 37, (2), 237-269 View citations (17)
    See also Working Paper (2008)

2006

15. Costly Information Acquisition: Experimental Analysis of a Boundedly Rational Model
    American Economic Review, 2006, 96, (4), 1043-1068 View citations (49)
16. Shrouded Attributes, Consumer Myopia, and Information Suppression in Competitive Markets
    The Quarterly Journal of Economics, 2006, 121, (2), 505-540 View citations (95)
    See also Working Paper (2006)

2005

17. Are Empowerment and Education Enough? Underdiversification in 401(k) Plans
    Brookings Papers on Economic Activity, 2005, 36, (2), 151-214 View citations (13)

2003

18. Good policies for bad governments: behavioral political economy
    Conference Series ; [Proceedings], 2003, (Jun) View citations (3)
19. Optimal Defaults
    American Economic Review, 2003, 93, (2), 180-185 View citations (31)

2002

20. An Economic Approach to Social Capital
    Economic Journal, 2002, 112, (483), 437-458 View citations (231)
21. How does the Internet affect trading? Evidence from investor behavior in 401(k) plans
    Journal of Financial Economics, 2002, 64, (3), 397-421 View citations (7)

2001

22. A Cue-Theory Of Consumption
    The Quarterly Journal of Economics, 2001, 116, (1), 81-119 View citations (46)
    See also Working Paper (2000)
23. Dynamic Choices of Hyperbolic Consumers
    Econometrica, 2001, 69, (4), 935-57 View citations (111)
    See also Working Paper (1999)

2000

24. A Boundedly Rational Decision Algorithm
    American Economic Review, 2000, 90, (2), 433-438 View citations (16)
25. Measuring Trust
    The Quarterly Journal of Economics, 2000, 115, (3), 811-846 View citations (421)
    See also Working Paper (2000)

1999

26. Commentary on "Choice Bracketing" by Read, Lowenstein and Rabin
    Journal of Risk and Uncertainty, 1999, 19, (1-3), 201-02

1998

27. Amos Tversky and the Ascent of Behavioral Economics
    Journal of Risk and Uncertainty, 1998, 16, (1), 7-47 View citations (14)
28. Life-cycle consumption and hyperbolic discount functions
    European Economic Review, 1998, 42, (3-5), 861-871 View citations (55)
29. Self-Control and Saving for Retirement
    Brookings Papers on Economic Activity, 1998, 29, (1), 91-196 View citations (163)

1997

30. Golden Eggs and Hyperbolic Discounting
    The Quarterly Journal of Economics, 1997, 112, (2), 443-77 View citations (724)
    See also Working Paper (1997)

1989

31. Economic Implications of Extraordinary Movements in Stock Prices
    Brookings Papers on Economic Activity, 1989, 20, (2), 137-190 View citations (36)

Chapters

2011

1. Comment on "Family Status Transitions, Latent Health, and the Post-Retirement Evolution of Assets"
   A chapter in Explorations in the Economics of Aging, 2011, pp 69-73
2. Comment on "Were They Prepared for Retirement? Financial Status at Advanced Ages in the HRS and AHEAD Cohorts"
   A chapter in Investigations in the Economics of Aging, 2011, pp 69-75
3. How Does Simplified Disclosure Affect Individuals’ Mutual Fund Choices?
   A chapter in Explorations in the Economics of Aging, 2011, pp 75-96
   See also Working Paper (2009)
4. Natural Expectations, Macroeconomic Dynamics, and Asset Pricing
   A chapter in NBER Macroeconomics Annual 2011, Volume 26, 2011, pp 1-48 View citations (4)
   See also Working Paper (2011)
5. The Availability and Utilization of 401(k) Loans
   A chapter in Investigations in the Economics of Aging, 2011, pp 145-172
   See also Working Paper (2011)

2010

6. The Impact of Employer Matching on Savings Plan Participation under Automatic Enrollment
   A chapter in Research Findings in the Economics of Aging, 2010, pp 311-327 View citations (2)
   See also Working Paper (2007)

2009

7. Reducing the Complexity Costs of 401(k) Participation Through Quick Enrollment
   A chapter in Developments in the Economics of Aging, 2009, pp 57-82 View citations (3)
   See also Working Paper (2009)
8. The Importance of Default Options for Retirement Saving Outcomes: Evidence from the United States
   A chapter in Social Security Policy in a Changing Environment, 2009, pp 167-195 View citations (9)
   See also Working Paper (2006)

2005

9. Passive Decisions and Potent Defaults
   A chapter in Analyses in the Economics of Aging, 2005, pp 59-78 View citations (1)
   See also Working Paper (2003)

2004

10. For Better or for Worse: Default Effects and 401(k) Savings Behavior
    A chapter in Perspectives on the Economics of Aging, 2004, pp 81-126 View citations (11)
    See also Working Paper (2002)

2002

11. Defined Contribution Pensions: Plan Rules, Participant Choices, and the Path of Least Resistance
    A chapter in Tax Policy and the Economy, Volume 16, 2002, pp 67-114 View citations (19)
12. The 6D Bias and the Equity-Premium Puzzle
    A chapter in NBER Macroeconomics Annual 2001, Volume 16, 2002, pp 257-330 View citations (11)
    See also Working Paper (2002)