The Illusion of Wealth and its Reversal

  title={The Illusion of Wealth and its Reversal},
  author={Daniel G. Goldstein and Hal Ersner Hershfield and Shlomo Benartzi},
Research on choice architecture is shaping policy around the world, touching on areas ranging from retirement economics to environmental issues. Recently, researchers and policy makers have begun paying more attention not just to choice architecture but also to information architecture, or the format in which information is presented to people. In this article, the authors investigate information architecture as it applies to consumption in retirement. Specifically, in threeexperiments, they… CONTINUE READING

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