Naive investing
4 important questions on Naive investing
"Econs do not have trouble investing, humans can easily become flummoxed". Is this statement true?
What is meant with; Humans are risk averse
What is the diversification heuristic?
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What are 5 ways to nudge for people to make better choices?
2. Structuring Complex choices (for participants who want to be somewhat more involved would be offered ac house among a small set of balanced or lifecycle funds
3. Expect error
4. Mappings and feedback (e.g. Show a small apartment for low outcome retirement investments and big houses with pools for high outcome retirement investments
5. Incentives (e.g. Laws that help require firms to act in the best interest of the employees).
The question on the page originate from the summary of the following study material:
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