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Assumed rates of return for public pensions vs. interest rates – Beragampengetahuan
As a result, Public Penions are 30% under-funded. To figure out why we aren’t saving enough for our public pensions, ask three questions
- Who is making the bad decision?
- Do We have enuf info to make a good decision?
- No, We the People don’t know how to compound, much less discount.
- And the incentive to do so?
- No, We the People over-weight the present, called “hyperbolic discounting,” and act as if our discount rates are really big, which means we don’t save enough.
Contents
kegiatan ekonomi
prinsip ekonomi
ekonomi kreatif, ilmu ekonomi adalah, pelaku ekonomi
, kegiatan ekonomi adalah, sistem ekonomi
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