Shlomo Benartzi, professor emeritus at the University of California, Los Angeles (UCLA) Anderson School of Management and senior academic adviser at Voya Financial, has published a new white paper ...

Studies have found that people tend to make “whether or not” decisions, like “I’m deciding whether or not to quit my job,” or “I’m deciding whether or not to buy a new TV.” This is a trap–one that ...

Your article was successfully shared with the contacts you provided. So, why the heck are people so much worse about insuring against long-term care (LTC) risk than against other types of risk? See ...

Many of the financial mistakes people make are caused by a fundamental shortcoming: They can’t see the big picture. In behavioral economics circles, this is known as “narrow framing”—a tendency to see ...