Construct · 1 fields · 1 citations

automatic enrollment: a standalone construct

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

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Behavioral economics

enrolling employees in a retirement plan by default, which sharply raises participation.

In behavioral economics, automatic enrollment refers to enrolling employees in a retirement plan by default, which sharply raises participation. This meaning comes from Madrian (2001) in The Quarterly Journal of Economics.[1]

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Nearby constructs

inertia6 fields · 9 citationsjingle · one name, six constructs default3 fields · 3 citationsjingle · one word, three constructs

References

Madrian, B. C., & Shea, D. F. (2001). The Power of Suggestion: Inertia in 401(k) Participation and Savings Behavior. The Quarterly Journal of Economics, 116(4), 1149-1187. https://doi.org/10.1162/003355301753265543

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