Construct · 1 fields · 1 citations

active choice: a standalone construct

One name. One construct. A landmark on the map.

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Behavioral economics

requiring people to make an explicit decision rather than relying on a default, used in retirement plan enrollment.

In behavioral economics, active choice refers to requiring people to make an explicit decision rather than relying on a default, used in retirement plan enrollment. This meaning comes from Carroll (2009) in Quarterly Journal of Economics.[1]

Unit
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Nearby constructs

default3 fields · 3 citationsjingle · one word, three constructs enhanced active choice1 fields · 1 citationsanchor · a standalone construct explicit1 fields · 1 citationsanchor · a standalone construct

References

Carroll, G. D., Choi, J. J., Laibson, D., Madrian, B. C., & Metrick, A. (2009). Optimal Defaults and Active Decisions. Quarterly Journal of Economics, 124(4), 1639-1674. https://doi.org/10.1162/qjec.2009.124.4.1639

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