Khedekar-Swaminathan, Ashlesha; Kulkarni, Savita - In: International Journal of Applied Behavioral Economics … 7 (2018) 2, pp. 15-29
Standard economic theory based on the rationality assumption predicts optimal provisions for retirement by individuals. However, empirical data shows substantial under-saving for retired life by citizens of both developed and developing countries. This article attempts to test the role of...