How Information Changes Behavior …

Kubin, Michael
March 2011
Journal of Financial Planning;Mar2011, Vol. 24 Issue 3, p19
Academic Journal
The article reports on the result of the survey "Responding to the Downturn: How Does Information Change Behavior?" by Norma B. Coe and Kelly Haverstick which studied how information changes workers' behavior in the U.S. It states that workers make changes to hold their expected standard of living in retirement when the trade-off notice is made explicitly. In contrary, the respondents who had thought about the impact of the downturn on their financial situation were less likely to make changes.


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