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Context, knowledge and belief

Stig O. Nybo

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Our world is in a chronic state of under-saving, which not only threatens our ability to retire with dignity, but also puts at risk the very fabric of our society. While behavioral economics is helping to powerfully shape the context of saving, we must be cautious about fixing the symptom and ignoring the problem. It will take much more than the blissful inertia of “set it and forget it” to truly motivate a change in societal saving and spending behavior. Come explore the impact of behavioral economics, financial literacy and beliefs on saving behavior.
 

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