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When Consumers Do Not Make an Active Decision: Dynamic Default Rules and their Equilibrium Effects

https://doi.org/10.3386/w20127

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What this work says

Outgoing claims: the papers this work cites, builds on, or argues with.

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Measuring Utility by a Single-Response Sequential Method (1964)

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Status quo bias in decision making

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The impact of presumed consent legislation on cadaveric organ donation: A cross-country study

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Switching costs, price sensitivity and health plan choice

inferredcites →https://doi.org/10.1093/qje/qju013openalex-snapshot

Active vs. Passive Decisions and Crowd-Out in Retirement Savings Accounts: Evidence from Denmark *

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RETRACTED: Procrastination, Deadlines, and Performance: Self-Control by Precommitment

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FORGETTING WE FORGET: OVERCONFIDENCE AND MEMORY

inferredcites →https://doi.org/10.1111/j.1468-0297.2012.02507.xopenalex-snapshot

Micro‐costs: Inertia in Television Viewing

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Choice and Procrastination

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The Power of Suggestion: Inertia in 401(k) Participation and Savings Behavior

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Contract Design and Self-Control: Theory and Evidence

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Golden Eggs and Hyperbolic Discounting

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Heuristic Thinking and Limited Attention in the Car Market

inferredcites →https://doi.org/10.1257/jep.22.4.69openalex-snapshot

Providing Prescription Drug Coverage to the Elderly: America's Experiment with Medicare Part D

inferredcites →https://doi.org/10.1257/pol.6.1.38openalex-snapshot

Consumer Inertia and Firm Pricing in the Medicare Part D Prescription Drug Insurance Exchange

inferredcites →https://doi.org/10.1353/jhr.2013.0000openalex-snapshot

Incorporating Employee Heterogeneity into Default Rules for Retirement Plan Selection

inferredcites →https://doi.org/10.2139/ssrn.1611782openalex-snapshot

Incorporating Employee Heterogeneity into Default Rules for Retirement Plan Selection

inferredcites →https://doi.org/10.2139/ssrn.1682191openalex-snapshot

Heuristic Thinking and Limited Attention in the Car Market

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Supplier Surfing: Competition and Consumer Behavior in Subscription Markets

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Everyone Believes in Redemption: Overoptimism and Nudges

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The Power of Suggestion: Inertia in 401(K) Participation and Savings Behavior

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The Impact of Presumed Consent Legislation on Cadaveric Organ Donation: A Cross Country Study

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Shrouded Attributes, Consumer Myopia, and Information Suppression in Competitive Markets

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Do Switching Costs Make Markets Less Competitive?

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Coordination and Lock-In: Competition with Switching Costs and Network Effects

inferredcites →https://doi.org/10.2307/1593715openalex-snapshot

Supplier Surfing: Competition and Consumer Behavior in Subscription Markets

inferredcites →https://doi.org/10.2307/2555402openalex-snapshot

Dynamic Competition with Switching Costs

inferredcites →https://doi.org/10.3386/w13737openalex-snapshot

Beyond Revealed Preference: Choice Theoretic Foundations for Behavioral Welfare Economics

inferredcites →https://doi.org/10.3386/w17459openalex-snapshot

Adverse Selection and Switching Costs in Health Insurance Markets: When Nudging Hurts

inferredcites →https://doi.org/10.3386/w18565openalex-snapshot

Active vs. Passive Decisions and Crowdout in Retirement Savings Accounts: Evidence from Denmark

inferredcites →https://doi.org/10.3386/w8651openalex-snapshot

For Better or For Worse: Default Effects and 401(k) Savings Behavior

What points at this work

Incoming claims: where this work appears in other papers’ reference lists and arguments.

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Failing to Choose the Best Price: Theory, Evidence, and Policy

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Buridanic competition

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The timing of choice-enhancing policies

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Designed to fail: Effects of the default option and information complexity on student loan repayment

inferred← citeshttps://doi.org/10.1093/jeea/jvw015openalex-snapshot

On the Interaction of Memory and Procrastination: Implications for Reminders, Deadlines, and Empirical Estimation

inferred← citeshttps://doi.org/10.1111/1756-2171.12207openalex-snapshot

The impact of consumer inattention on insurer pricing in the Medicare Part D program

inferred← citeshttps://doi.org/10.1111/jems.12317openalex-snapshot

Automatic‐renewal contracts with heterogeneous consumer inertia

inferred← citeshttps://doi.org/10.1257/jep.31.4.51openalex-snapshot

The Questionable Value of Having a Choice of Levels of Health Insurance Coverage

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Advertising in Health Insurance Markets

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The Role of Behavioral Frictions in Health Insurance Marketplace Enrollment and Risk: Evidence from a Field Experiment

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